A Project Has an Initial Cost of $72,500

question 289

Multiple Choice

A project has an initial cost of $72,500. The cash inflows are $11,500, $36,900, $22,900, and $18,200 over the next four years, respectively. What is the payback period?

• A) 2.67 years
• B) 2.98 years
• C) 3.01 years
• D) 3.07 years
• E) 3.13 years

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Definitions:

Mediators

are individuals or parties that facilitate negotiation and dispute resolution between conflicting parties, aiming to reach mutual agreement.

Conflict Resolution

The process of resolving a dispute or a conflict by meeting at least some of each party's needs and addressing their interests.

Bonobos

A type of large primate that is recognized for its female-led social structure and intricate social interactions, closely resembling chimpanzees.

Frans De Waal

A Dutch primatologist and ethologist renowned for his research on the behavior and social intelligence of primates, contributing to our understanding of animal emotions and social behavior.