Question: 5. Use the table for the question(s) below. Consider a project with the following cash flows: Year 0 1 2 3 4 Cash Flow -10,000

 5. Use the table for the question(s) below. Consider a project

5. Use the table for the question(s) below. Consider a project with the following cash flows: Year 0 1 2 3 4 Cash Flow -10,000 4,000 4,000 3,000 4,000 1) Assume the appropriate discount rate for this project is 15%. The payback period for this project is closest to: A) 3 B) 2.5 C) 2 D) 4

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