Question

    A company invests ₹60,000 in a project that generates

    ₹15,000 as net annual cash inflow. What is the payback period of the project?
    A 12 years Correct Answer Incorrect Answer
    B 3 years Correct Answer Incorrect Answer
    C 4 yeare Correct Answer Incorrect Answer
    D 5 years Correct Answer Incorrect Answer

    Solution

    The correct answer is C

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