MC algo 9-3 Calculating Payback Period There is a project with the following cash flows : Year Cash Flow 0 −$ 24,700 1 7,400 2 7,900 3 7,300 4 5,500 What is the payback period? Multiple Choice 4.00 years 3.84 years 3.38 years 2.71 years 3.65 years
MC algo 9-3 Calculating Payback Period There is a project with the following cash flows : Year Cash Flow 0 −$ 24,700 1 7,400 2 7,900 3 7,300 4 5,500 What is the payback period? Multiple Choice 4.00 years 3.84 years 3.38 years 2.71 years 3.65 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
Section: Chapter Questions
Problem 1PS
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MC algo 9-3 Calculating Payback Period
There is a project with the following cash flows :
| Year | Cash Flow |
|---|---|
| 0 | −$ 24,700 |
| 1 | 7,400 |
| 2 | 7,900 |
| 3 | 7,300 |
| 4 | 5,500 |
What is the payback period?
Multiple Choice
-
4.00 years
-
3.84 years
-
3.38 years
-
2.71 years
-
3.65 years
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