The Z Corporation is considering an investment with the following data (Ignore income taxes.): Year 1 Year 2 Year 3 Year 4 Year 5 Investment $ (32,000) $ (12,000) Cash inflow $ 8,000 $ 8,000 $ 20,000 $16,000 $ 16,000Cash inflows occur evenly throughout the year. The payback period for this investment is:
a) 3.5 years
b) 4.0 years
c) 3.0 years
d) 4.5 years
Answers: 1
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The Z Corporation is considering an investment with the following data (Ignore income taxes.): Year...
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