Question
Which of the following statements is true for a project with $20,000 initial cost, cash inflows of $5,800 per year for six years, and a
Which of the following statements is true for a project with $20,000 initial cost, cash inflows of $5,800 per year for six years, and a discount rate of 15%?
Question 40 options:
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| Its payback period is roughly 3 1/2 years. |
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| Its NPV is $2,194. |
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| Its IRR is 10.85%. |
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| Its profitability index is 0.109. |
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Microeconomics An Intuitive Approach with Calculus
Authors: Thomas Nechyba
1st edition
538453257, 978-0538453257
