Haig Aircraft is considering a project which has an up-front cost paid today at t = 0. The project will generate positive cash flows of $60,000 a year at the end of each of the next five years. The project's NPV is $75,000 and the company's WACC is 10 percent. What is the project's simple, regular payback?
A) 3.22 years
B) 1.56 years
C) 2.54 years
D) 2.35 years
E) 4.16 years

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The Answer of Haig Aircraft is considering a project which has an up-front cost paid today at t = 0. The project will generate positive cash flows of $60,000 a year at the end of each of the next five years. The project's NPV is $75,000 and the company's WACC is 10 percent. What is the project's simple, regular payback?
A) 3.22 years
B) 1.56 years
C) 2.54 years
D) 2.35 years
E) 4.16 years

Haig Aircraft Is Considering a Project Which Has an Up-Front