1.

Reconsider the project balance table calculated at 10% given in 5.9.:Which of the following statements is correct?

A. the cash flow in period 3 is $240
B. the project is not profitable at i ⇓ = ⇓ 10%.
C. the conventional payback period is 1.7 years
D. the net present worth of the project is $2,000
Answer» B. the project is not profitable at i ⇓ = ⇓ 10%.


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