Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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A project has the following cash flows. What is the payback period? Year Cash Flow -$ 0 45,000 1 20,000 2 23,500 3 24,000 4 25,000 1.72 years 1.83 years 2.06 years 2.33 years 2.65 years Next Page &\ Page 17 of 55
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Transcribed Image Text:A project has the following cash flows. What is the payback period? Year Cash Flow -$ 0 45,000 1 20,000 2 23,500 3 24,000 4 25,000 1.72 years 1.83 years 2.06 years 2.33 years 2.65 years Next Page &\ Page 17 of 55
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