stock dividends

| December 3, 2015

A project has initial costs of $5,000 and subsequent cash inflows of $1800, 1275, 1875, and 1525. The company’s cost of capital is 10%. Calculate the Payback Period for the project
Select one:
A. 2.83 years
B. 3.03 years
C. 3.33 years
D. 4.00 years

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