Use the Table for the Question(s) Below -Assume the Appropriate Discount Rate for This Project Is 15
Use the table for the question(s) below.
Consider a project with the following cash flows:
-Assume the appropriate discount rate for this project is 15%. The payback period for this project is closest to:
A) 4
B) 2
C) 2.5
D) 3
Correct Answer:
Verified
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