Multiple Choice
You are considering a project with an initial cost of $27,900. What is the payback period for this project if the cash inflows are $14,650, $16,190, $12,480, and $9,500 a year over the next four years,
Respectively?
A) 0.82 year
B) 0.90 year
C) 1.11 years
D) 1.82 years
E) 1.90 years
Correct Answer:
Verified
Correct Answer:
Verified
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