Multiple Choice
Alchemax Inc. is looking to undertake a project that requires an initial fixed investment of $200,000 and is expected to return a net cash inflow of $50,000 each year. The payback period for this project will be _____ years.
A) 2
B) 7
C) 4
D) 9
E) 5
Correct Answer:
Verified
Correct Answer:
Verified
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