Question: EconFinance2 A v _ '2. (25 pts) Ginny is considering an investment costing $40,000 that has cash ows of $25,000 in Year 2, $27,000 in

EconFinance2

EconFinance2 A v _ '2. (25 pts) Ginny is considering an investment

A v _ '2. (25 pts) Ginny is considering an investment costing $40,000 that has cash ows of $25,000 in Year 2, $27,000 in Year 3, and $8,000 in Year 4. Ginny requires a rate of ' return of 10 percent and has a required payback period of three years. Based on the payback method should she make this investment? All things considered; do you agree with this decision? Why or why not

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