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Which of the following statements is true for a project with a $20,000 initial cost, cash inflows of $5,900 per year for 6 years, and
Which of the following statements is true for a project with a $20,000 initial cost, cash inflows of $5,900 per year for 6 years, and a discount rate of 16%?
- A. Its NPV is $2,094.
- B. Its payback period is 3.45 years.
- C. Its IRR is 17.85%.
- D. Its profitability index is .087.
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Public Finance And Public Policy
Authors: Jonathan Gruber
2nd Edition
0716766310, 9780716766315
