Question: Amit a project manager has been assigned a project venture ahead of schedule in the venture lifecycle. Since very little information is known about
Amit a project manager has been assigned a project venture ahead of schedule in the venture lifecycle. Since very little information is known about the project, the estimates are considered to be rough estimates. The accompanying table is the project manager's forecast of the income that will occur throughout the following five years: End of Cash Flow Cash Flow in (Rs) Out (Rs) Year 0 5,00,000 90,000 1,00,000 1,75,000 35,000 2 3,00,000 3 4,00,000 4 100,000 5 50,000 Compute the payback period for this project?
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