Guerilla Radio Broadcasting has a project available with the following cash flows : Year Cash Flow -$12,400 5,100 6,400 3 5,800 4 4,200 What is the payback period? Multiple Choice 3.00 years 184 years 239 years 251 years O 216 years

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
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Guerilla Radio Broadcasting has a project available with the following cash flows :
Year
Cash Flow
-$12,400
5,100
6,400
5,800
4,200
1
2
4
What is the payback period?
Multiple Cholce
3.00 years
1.84 years
2.39 years
2.51 years
216 years
Transcribed Image Text:Guerilla Radio Broadcasting has a project available with the following cash flows : Year Cash Flow -$12,400 5,100 6,400 5,800 4,200 1 2 4 What is the payback period? Multiple Cholce 3.00 years 1.84 years 2.39 years 2.51 years 216 years
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