Question: Use the table for the question(s) below. Consider a project with the following cash flows: Year Cash Flow -10,000 0 1 4000 2 3 40001

 Use the table for the question(s) below. Consider a project withthe following cash flows: Year Cash Flow -10,000 0 1 4000 2

Use the table for the question(s) below. Consider a project with the following cash flows: Year Cash Flow -10,000 0 1 4000 2 3 40001 4000 4000 14. Assume the appropriate discount rate for this project is 15%. The payback period for this project is closest to: A) 3 B) 1 C) 2.5 OD 2 A firm offers its customers 2/14 net 28. What is the cost of trade credit to a customer who chooses to pay on day 28? 69.3% 72.4% 67.3% 32.8%

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