
Essentials Of Investments
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ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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Transcribed Image Text:Guerilla Radio Broadcasting has a project available with the following cash flows:
Year Cash Flow
0
1
2
3
4
-$ 14,000
5,800
7,100
6,100
4,900
What is the payback period?
Multiple Choice
2.42 years
2.54 years
3.00 years
1.82 years
2.18 years
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