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What is the payback period for the following set of cash flows? Year Cash Flow 0 $ 2,200 1 1,600 2 1,300 3 2,000 4
| What is the payback period for the following set of cash flows? |
| Year | Cash Flow |
| 0 | $ 2,200 |
| 1 | 1,600 |
| 2 | 1,300 |
| 3 | 2,000 |
| 4 | 1,400 |
Multiple Choice
-
1.41 years
-
1.48 years
-
1.46 years
-
1.53 years
-
1.76 years
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Financial Markets And Institutions
Authors: Frederic S. Mishkin, Stanley Eakins
6th Edition
0321374215, 9780321374219
