Question: alpha corp is considering adding a new product to its lineup and have estimated the following: year 0 cash flow: -14,500 year 1 cash flow:
alpha corp is considering adding a new product to its lineup and have estimated the following:
year 0 cash flow: -14,500
year 1 cash flow: 2,200
Year 2 cash flow: 4,800
Year 3 cash flow: 6,500
Year 4 cash flow: 7,500
What is the payback period of the project?
a.3.13 years
b.2.60 years
c. 4 years
d. 1.68 years
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