What is the payback period for the following set of cash flows? Year Cash Flow 0 -$ 3,000 1 2,400 2 1, 600 3 2,200 4 2,200 A)1.44 years B)1.32 years C)1.68 years D)2, 200
What is the payback period for the following set of cash flows? Year Cash Flow 0 -$ 3,000 1 2,400 2 1, 600 3 2,200 4 2,200 A)1.44 years B)1.32 years C)1.68 years D)2, 200
Financial Management: Theory & Practice
16th Edition
ISBN:9781337909730
Author:Brigham
Publisher:Brigham
Chapter4: Time Value Of Money
Section: Chapter Questions
Problem 1MC
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