Consider the Following Four-Year Project

question 96

Multiple Choice

Consider the following four-year project.The initial outlay or cost is $210,000.The respective cash inflows for years 1,2,3 and 4 are: $100,000,$80,000,$80,000 and $20,000.What is the discounted payback period if the discount rate is 11%?

• A)About 1.667 years
• B)About 2.000 years
• C)About 2.427 years
• D)About 2.94 years

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Definitions:

Hourglass

An ancient timekeeping device consisting of two glass bulbs connected vertically by a narrow neck that allows sand to pass from the upper bulb to the lower one at a steady rate.

Gender Roles

Social and behavioral norms that are considered appropriate for individuals of a specific sex in the context of a specific society or culture, influencing personal identity and social interactions.

Society

A group of individuals involved in persistent social interaction, or a large social group sharing the same geographical or social territory, typically subject to the same political authority and dominant cultural expectations.

Female Role Stereotype

Preconceived notions and expectations about the characteristics, behaviors, and roles deemed appropriate for women in a society.