If the Cash Flows for Project a Are C₀ =

question 46

Multiple Choice

If the cash flows for project A are C₀ = −1,000; C₁ = +600; C₂ = +400; and C₃ = +1,500, calculate the payback period.

• A)One year
• B)Two years
• C)Three years
• D)Cannot be determined

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