Q. Reconsider the project balance table calculated at 10% given in 5.9.:Which of the following statements is correct?

• (A) the cash flow in period 3 is $240
• (B) the project is not profitable at i ⇓ = ⇓ 10%.
• (C) the conventional payback period is 1.7 years
• (D) the net present worth of the project is $2,000