In: Finance
QUESTION 21
Calculate the payback period for a project that costs $400,000 if the cash inflows are $165,000 in year 1, $182,000 in year 2, $151,000 in year 3, and $146,000 in year 4.
2.541 years |
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2.351 years |
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3.114 years |
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3.894 years |
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none of the above |