What is the payback perlod for the following set of cash flows? Year Cash Flow -$ 0 5,000 T 1 2,100 2 1,500 3 2,200 1,800 234 Multiple Choice 2.77 years O2.94 years O2.66 years 2.59 years 2.64 years
What is the payback perlod for the following set of cash flows? Year Cash Flow -$ 0 5,000 T 1 2,100 2 1,500 3 2,200 1,800 234 Multiple Choice 2.77 years O2.94 years O2.66 years 2.59 years 2.64 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
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Transcribed Image Text:What is the payback period for the following set of cash flows?
Year
0
1
2
AWN
3
4
Cash Flow
-$
5,000
2,100
1,500
2,200
1,800
Multiple Choice
O
O 2.94 years
O
2.77 years
O
2.66 years
2.59 years
2.64 years
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