You have a project with the following cash flows: Year Cash flow 0 $29,350 1 8500 2
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Question:
You have a project with the following cash flows:
Year | Cash flow | |
0 | −$29,350 | |
1 | 8500 | |
2 | 9600 | |
3 | 7850 | |
4 | 8450 | |
5 | 8100 |
What is the payback period?
Related Book For
Fundamentals of Financial Management
ISBN: 978-0324597707
12th edition
Authors: Eugene F. Brigham, Joel F. Houston
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