Homework Help is Here – Start Your Trial Now!
Business
Finance
Three investments cost $5,500 each and have the following cash flows. Rank them on the basis of their payback periods. Round your answers to one decimal place. Year A B 1 2 3 4 5 S 3,000 $ 4,200 $0 3,000 3,000 3,000 3,000 3,400 2,600 2,000 1,300 с Payback for A: years Payback for B: years Payback for C:____________ years Based on the payback periods, 900 1,100 3,900 6,900 (investment A/investment B/investment C) should be chosen.

Three investments cost $5,500 each and have the following cash flows. Rank them on the basis of their payback periods. Round your answers to one decimal place. Year A B 1 2 3 4 5 S 3,000 $ 4,200 $0 3,000 3,000 3,000 3,000 3,400 2,600 2,000 1,300 с Payback for A: years Payback for B: years Payback for C:____________ years Based on the payback periods, 900 1,100 3,900 6,900 (investment A/investment B/investment C) should be chosen.

Essentials Of Investments
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
See similar textbooks
icon
Related questions
Question

Do all parts pls or skip it. Correct only pls

Three investments cost $5,500 each and have the following cash flows. Rank them on the basis of their payback periods. Round your answers to one decimal place. Year A B $ 3,000 $ 4,200 S O 3,400 3,000 2,600 3,000 2,000 1 2 3 4 3,000 5 Payback for A: years Payback for B: years Payback for C:__________ years Based on the payback periods, 3,000 1,300 с 900 1,100 3,900 6,900 ▬▬▬▬▬▬ (investment A/investment B/investment C) should be chosen.
Transcribed Image Text:Three investments cost $5,500 each and have the following cash flows. Rank them on the basis of their payback periods. Round your answers to one decimal place. Year A B $ 3,000 $ 4,200 S O 3,400 3,000 2,600 3,000 2,000 1 2 3 4 3,000 5 Payback for A: years Payback for B: years Payback for C:__________ years Based on the payback periods, 3,000 1,300 с 900 1,100 3,900 6,900 ▬▬▬▬▬▬ (investment A/investment B/investment C) should be chosen.
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps with 1 images

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Knowledge Booster
Rate Of Return
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, finance and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Essentials Of Investments
Essentials Of Investments
Finance
ISBN:
9781260013924
Author:
Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:
Mcgraw-hill Education,
FUNDAMENTALS OF CORPORATE FINANCE
FUNDAMENTALS OF CORPORATE FINANCE
Finance
ISBN:
9781260013962
Author:
BREALEY
Publisher:
RENT MCG
Financial Management: Theory & Practice
Financial Management: Theory & Practice
Finance
ISBN:
9781337909730
Author:
Brigham
Publisher:
Cengage
Foundations Of Finance
Foundations Of Finance
Finance
ISBN:
9780134897264
Author:
KEOWN, Arthur J., Martin, John D., PETTY, J. William
Publisher:
Pearson,
Fundamentals of Financial Management (MindTap Cou…
Fundamentals of Financial Management (MindTap Cou…
Finance
ISBN:
9781337395250
Author:
Eugene F. Brigham, Joel F. Houston
Publisher:
Cengage Learning
Corporate Finance (The Mcgraw-hill/Irwin Series i…
Corporate Finance (The Mcgraw-hill/Irwin Series i…
Finance
ISBN:
9780077861759
Author:
Stephen A. Ross Franco Modigliani Professor of Financial Economics Professor, Randolph W Westerfield Robert R. Dockson Deans Chair in Bus. Admin., Jeffrey Jaffe, Bradford D Jordan Professor
Publisher:
McGraw-Hill Education
SEE MORE TEXTBOOKS