Given the cashflows below, which of the following is correct?

Question

Exhibit

Options

• AThe project pays back in year 4 of the project.
• BThe project does not pay back within the four year period.
• CThe project pays back in year 2 of the project.
• DThe project pays back in year 3 of the project.

• A
  4% (1)
• B
  79% (19)
• C
  13% (3)
• D
  4% (1)

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