Calculate the Payback Period (PP)for the Cash Flows Provided in the Table

question 22

Multiple Choice

Calculate the payback period (PP) for the cash flows provided in the table below.Note: The negative cash flow for year 0 is the initial investment for the project.

• A)2.61 years
• B)3.00 years
• C)4.50 years anticipated
• D)This project never fully repays its initial investment based on the information provided.

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