Question: Poder Inc. is considering a project that has the following cash flow data. What is the project's payback? Year 0 1 2 3 Cash flows

Poder Inc. is considering a project that has the following cash flow data. What is the project's payback?

Year

0

1

2

3

Cash flows

-$750

$300

$325

$350

a. 2.59 years
b. 2.36 years
c. 2.12 years
d. 2.85 years
e. 1.91 years

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!