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
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
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
Related questions
Question
answer must be correct or i will give down vote
![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](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fdb5c4450-11fc-45ab-a204-cfaa9440ea9e%2F72f59deb-8627-415b-a932-3125757296bf%2Fxs7lxxh_processed.jpeg&w=3840&q=75)
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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