Question: 4. Use the table for the question(s) below. Consider a project with the following cash flows: Year Cash Flow 0 -10,000 1 4,000 2 4,000
4. Use the table for the question(s) below. Consider a project with the following cash flows:
| Year | Cash Flow |
| 0 | -10,000 |
| 1 | 4,000 |
| 2 | 4,000 |
| 3 | 4,000 |
| 4 | 4,000 |
1) The payback period for this project is closest to:
A) 3
B) 2.5
C) 2
D) 4
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