A project has the following cash flows. What is the payback period?    Year 0 1 2 3 Cash Flow - $5000 $2,700 $3,300 $1,400 a. 1.84 years b. 1.39 years c. 1.70 years d. 1.88 years e. 1.76 years

Essentials Of Investments
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Chapter1: Investments: Background And Issues
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A project has the following cash flows. What is the payback period?

  

Year 0 1 2 3
Cash Flow - $5000 $2,700 $3,300 $1,400
a. 1.84 years
b. 1.39 years
c. 1.70 years
d. 1.88 years
e. 1.76 years
 
 
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