An Investment Project Costs $21,500 and Has Annual Cash Flows

question 2

Multiple Choice

An investment project costs $21,500 and has annual cash flows of $6,500 for 6 years.If the discount rate is 15 percent,what is the discounted payback period?

• A)4.41 years
• B)4.91 years
• C)5.12 years
• D)5.40 years
• E)never

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Definitions:

Behaviour Modification

The application of behavioral change techniques to alter individuals' activities and reactions.

Esteem Needs

According to Maslow's hierarchy of needs, these are the fourth level and include self-esteem, confidence, respect by others, and respect for others.

Theory X

A management theory assuming that employees are inherently lazy and will avoid work if they can.

Behaviour Motivation

The drive behind individuals' actions, influenced by internal desires and external rewards.