What is the investment payback period
An investment of $700,000 is expected to generate the following cash flows:
Year 1 $200,000Year 2 $200,000Year 3 $100,000year 4 $200,000year 5 $100,000
What is the investment's payback period?
a) 7 years
b) 5 years
c) 3 years
d) 4 years
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An investment of $700,000 is expected to generate the following cash flows:What is the investment's payback period?
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