Waiting for answer This question has not been answered yet. You can hire a professional tutor to get the answer.
QUESTION
Initial Cash Outlay = -$100. Cash Inflow Year 1 = +70. Cash Inflow Year 2 = +20. Cash Inflow Year 3 = +30. Payback Period is 1 year. 2 years.33...
1 year.
2 years.
2.33 years.
2.5 years.
