A Firm Is Evaluating a Proposal Which Has an Initial

question 96

Multiple Choice

A firm is evaluating a proposal which has an initial investment of $50,000 and has cash flows of$15,000 per year for five years. The payback period of the project is

• A) 1.5 years.
• B) 2 years.
• C) 4 years.
• D) 3.3 years.

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Definitions:

Dominant Traits

Dominant traits are genetic characteristics that are expressed in an organism even when only one copy of the gene responsible for the trait is present.

Recessive Traits

Genetic traits that require two copies of a recessive allele for the trait to be expressed in an organism's phenotype.

Prenatal Diagnosis

The practice of testing for diseases or conditions in a fetus or embryo before it is born, employing various medical techniques and procedures.

Developing Fetus

The stage of human development inside the womb from the end of the embryonic stage until birth, characterized by rapid growth and maturation of body systems.