A project has cash flows of -$108,000, $52,800, $53,200, and $83,100 for Years 0 to 3, respectively. The required payback period is two years. Based on the payback period of years for this project, you should ________ the project. Multiple Choice 1.98; accept О 1.79; accept 2.29; reject О 2.46; accept

Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter12: Capital Budgeting: Decision Criteria
Section: Chapter Questions
Problem 1P: A project has an initial cost of 40,000, expected net cash inflows of 9,000 per year for 7 years,...
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A project has cash flows of -$108,000, $52,800, $53,200, and $83,100 for Years 0 to 3, respectively. The required payback period is two years. Based on the
payback period of years for this project, you should
the project.
Multiple Choice
О
1.98; accept
о
1.79; accept
O
2.29; reject
☐ 2.46; accept
13
Transcribed Image Text:A project has cash flows of -$108,000, $52,800, $53,200, and $83,100 for Years 0 to 3, respectively. The required payback period is two years. Based on the payback period of years for this project, you should the project. Multiple Choice О 1.98; accept о 1.79; accept O 2.29; reject ☐ 2.46; accept 13
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