Multiple Choice
Given that the NPV at the end of year 3 was -$185,000 and it was +$265,00 at the end of year 4,what is the payback period?
A) Not enough information to calculate.
B) 150 days
C) Three years and 41 days
D) Three years and 150 days.
Correct Answer:
Verified
Correct Answer:
Verified
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