Question: When projects A, B, C & D are evaluated for investment their payback period values are found to be as follows. Project-A=2.3 years Project-B =

When projects A, B, C & D are evaluated for investment their payback period values are found to be as follows. Project-A=2.3 years Project-B = 23 months Project-C = 24 months Project-D = 3 years If initial investment for each project remains OMR 10000, then which project is best for selection. Select one: a. Project-C b. Project-A c. Project-B d. Project-D
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