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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
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Find the Payback period for Oman Lighting company if the initial investment is 12000 OMR and the cash
Inflows are as follows: Year 1 =3250 OMR; Year 2 =3500 OMR; Year 3=3750 OMR and Year 4=4000 OMR.
Select one:
O a. 1 year 10 months
O b. 3 years 4 months
O c. 2 years 8 months
O d. 3 years
O e. None of the options
Transcribed Image Text:Find the Payback period for Oman Lighting company if the initial investment is 12000 OMR and the cash Inflows are as follows: Year 1 =3250 OMR; Year 2 =3500 OMR; Year 3=3750 OMR and Year 4=4000 OMR. Select one: O a. 1 year 10 months O b. 3 years 4 months O c. 2 years 8 months O d. 3 years O e. None of the options
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