Stern Associates is considering a project that has the following cash flow data. What is the project's payback?
A) 2.31 years
B) 2.56 years
C) 2.85 years
D) 3.16 years
E) 3.52 years

Question

Stern Associates is considering a project that has the following cash flow data. What is the project's payback? 
A) 2.31 years 
B) 2.56 years 
C) 2.85 years 
D) 3.16 years 
E) 3.52 years

Quizplus · Accepted Answer

The Answer of Stern Associates is considering a project that has the following cash flow data. What is the project's payback? 
A) 2.31 years 
B) 2.56 years 
C) 2.85 years 
D) 3.16 years 
E) 3.52 years

Stern Associates Is Considering a Project That Has the Following