ABC Co. is considering a project that has the following cash flow data. What is the project's payback? Year 0     1   2   3   4   5   Cash flows ($1,100) $300 $310 $320 $330 $340

Financial Management: Theory & Practice
16th Edition
ISBN:9781337909730
Author:Brigham
Publisher:Brigham
Chapter26: Real Options
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ABC Co. is considering a project that has the following cash flow data. What is the project's payback?

Year 0     1   2   3   4   5  
Cash flows ($1,100) $300 $310 $320 $330 $340
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