Foundation of Finance
Quick practice
Question 1 of 5
Has equation : False
A manufacturing corporation is evaluating a new project requiring an initial immediate cash outflow of Rupees 500,000. The project is expected to generate uniform annual cash inflows of exactly Rupees 125,000 for the next 8 years. What is the exact Payback Period for this investment project?
A
5.0 years
B
4.0 years
C
8.0 years
D
3.5 years
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