QUESTIONS 69 THROUGH 78 RELATE TO CORPORATE FINANCE

73. - MOCK AND SAMPLE EXAMS CFA CFA LEVEL I MOCK EXAM AFTERNOON 2013
MOCK AND SAMPLE EXAMS CFA CFA LEVEL I MOCK EXAM AFTERNOON 2013
73. A project has the following cash flows (£): Year 0 Year 1 Year 2 Year 3 Year 4 –1,525 215 345 475 1,215 Assuming a discount rate of 11% annually, the discounted payback period (in years) is closest to: A. 3.4. B. 3.9. C. 4.0.