Consider a project with the following cash flows: Assume the appropriate discount rate for this project is 13%. The payback period for this project is closest to ________.
A)2.88 years
B)2.40 years
C)1.92 years
D)3.60 years

Question

Consider a project with the following cash flows:  Assume the appropriate discount rate for this project is 13%. The payback period for this project is closest to ________.
A)2.88 years 
B)2.40 years 
C)1.92 years 
D)3.60 years

Quizplus · Accepted Answer

The Answer of Consider a project with the following cash flows:  Assume the appropriate discount rate for this project is 13%. The payback period for this project is closest to ________.
A)2.88 years 
B)2.40 years 
C)1.92 years 
D)3.60 years

Consider a Project with the Following Cash Flows: Assume