Question
You are considering an investment which has the following cash flows. Calculate the payback period. If you require a 5-year payback period, should you take
You are considering an investment which has the following cash flows. Calculate the payback period. If you require a 5-year payback period, should you take the investment?
| Time | Cash Flow |
| 0 | -1,530,000 |
| 1 | 200,000 |
| 2 | 200,000 |
| 3 | 300,000 |
| 4 | 300,000 |
| 5 | 300,000 |
| 6 | 300,000 |
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Financial Management Principles and Applications
Authors: Sheridan Titman, Arthur Keown, John Martin
12th edition
133423824, 978-0133423822
