Multiple Choice
Which of the following statements is true for a project with a $20,000 initial cost, cash inflows of $5,800 per year for 6 years, and a discount rate of 15%?
A) Its payback period is 3.45 years.
B) Its NPV is $2,094.
C) Its IRR is 17.85%.
D) Its profitability index is 0.104.
Correct Answer:
Verified
Correct Answer:
Verified
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