Question
You are given these cash flows for an investment project: 0: -$100 1: +$30 2: +$40 3: +$40 4: +$60 5: +$50 6: +$10 The
You are given these cash flows for an investment project:
0: -$100
1: +$30
2: +$40
3: +$40
4: +$60
5: +$50
6: +$10
The payback period for this project is _____.
a)between 4 and 5 years
b)between 5 and 6 years
c)between 2 and 3 years
d)between 3 and 4 years
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Mathematical Interest Theory
Authors: Leslie Jane, James Daniel, Federer Vaaler
3rd Edition
147046568X, 978-1470465681
