Multiple Choice
Suppose you have put $5,000 into a project that should generate cash inflows of $1,250 for each of the next 5 years.How long will it take to recover your initial investment?
A) 3 years
B) 3.5 years
C) 4 years
D) 4.2 years
Correct Answer:
Verified
Correct Answer:
Verified
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