The following are the cash flows of two projects: Year Project A 0 $ (250) Project B $ (250) 1234 130 150 130 150 130 150 130 What is the payback period of each project? Note: Round your answers to 1 decimal place.

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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The following are the cash flows of two projects:
Year
01234
Project A
$ (250)
Project B
$ (250)
130
150
130
150
130
150
130
What is the payback period of each project?
Note: Round your answers to 1 decimal place.
Transcribed Image Text:The following are the cash flows of two projects: Year 01234 Project A $ (250) Project B $ (250) 130 150 130 150 130 150 130 What is the payback period of each project? Note: Round your answers to 1 decimal place.
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