Number 5:

Consider the following three projects. All three have an initial investment of $1,100,000. (Click the ican to view the investments.) Requirements 1. Determine the payback period of each project. Rank the projects from most desirable to least desirable based on payback. 2. Are there other factors that should be considered in addition to the payback period? Requirement 1. Determine the payback period of each project. Rank the projects from most desirable to least desirable based on payback. First, determine the payback period of each project. (Enter the payback period as a numeral.) Now, rank the projects from most desirable to least desirable based on payback. Projects - Most to least desirable I Requirement 2. Are there other factors that should be considered in addition to the payback period? A. No. The payback period is the only quantitative factor necessary for a comparison of investments. rate of retum, net present value, profitability index, and internal rate of return) and possible qualitative factors. C. No. The payback period is the only qualitative factor necessary for a comparison of investments. Data table