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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
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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.
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