Project B has an initial investment of $1,800. The end of year cash flows are $500, $800, $300, $500, and $400, respecti
Posted: Tue Jan 18, 2022 1:00 pm
Project B has an initial investment of $1,800. The end of year cash flows are $500, $800, $300, $500, and $400, respectively over the five-year project life. What is the payback period for Project B? O a.3.11 years O b.3.22 years O c 3.4 years O d. 4 years O e. 4.2 years