Given the following stream of cash flows assuming a current discount rate of 10 percent, if the initial investment were $1.8 million, what is the payback period?

A) 1 year
B) 2 years
C) 3 years
D) longer than 3 years

Question

Given the following stream of cash flows assuming a current discount rate of 10 percent, if the initial investment were $1.8 million, what is the payback period?

A) 1 year 
B) 2 years 
C) 3 years 
D) longer than 3 years

Quizplus · Accepted Answer

The Answer of Given the following stream of cash flows assuming a current discount rate of 10 percent, if the initial investment were $1.8 million, what is the payback period?

A) 1 year 
B) 2 years 
C) 3 years 
D) longer than 3 years

Given the Following Stream of Cash Flows Assuming a Current