Year 0 Cash Flow -$ 16,800 1 6,900 2 8,200 3 3,500 4 3,100 What is the payback period? Multiple Choice О 2.76 years 3.00 years 1.51 years 2.49 years
Year 0 Cash Flow -$ 16,800 1 6,900 2 8,200 3 3,500 4 3,100 What is the payback period? Multiple Choice О 2.76 years 3.00 years 1.51 years 2.49 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
Related questions
Question
answer must be in proper format or i will give down vote

Transcribed Image Text:Year
0
Cash Flow
-$ 16,800
1
6,900
2
8,200
3
3,500
4
3,100
What is the payback period?
Multiple Choice
О
2.76 years
3.00 years
1.51 years
2.49 years
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