Question: please can you answer the Question text with explanation for chosen the number ? XXX Company has $23,500,000 to invest and wishes to evaluate the
please can you answer the Question text with explanation for chosen the number ?
XXX Company has $23,500,000 to invest and wishes to evaluate the following three projects
| Years | X ($) | Y ($) | Z ($) |
| 0 | (9,000,000) | (10,000,000) | (3,500,000) |
| 1 | 4,500,000 | 5,500,000 | 3,500,000 |
| 2 | 4,500,000 |
| 5,500,000 |
| 3 | 4,500,000 | 4,500,000 | 6,000,000 |
| 4 | 4,500,000 | 4,500,000 |
|
| cost of capital | 12% | 12% | 12% |
The pay pack period for project Z is --------- YEARS
Select one:
A. 1
B. 2
C. 3
D. 4
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