Your firm is considering a project. You have taken out a loan for $29,350 to get the project started. You need to pay th
Posted: Wed Mar 09, 2022 8:20 am
Your firm is considering a project. You have taken out a loan
for $29,350 to get the project started. You need to pay the loan
back as soon as possible.
The expected cash flows are as follows:
yr1 $7,200;
yr2 $9,300;
yr3 $9,400;
yr4 $8,300;
yr5 $8,000.
How long is this project's payback period?
3.63 years
3.42 years
3.80 years
3.63 years
3.53 years
for $29,350 to get the project started. You need to pay the loan
back as soon as possible.
The expected cash flows are as follows:
yr1 $7,200;
yr2 $9,300;
yr3 $9,400;
yr4 $8,300;
yr5 $8,000.
How long is this project's payback period?
3.63 years
3.42 years
3.80 years
3.63 years
3.53 years