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1.5 pts You are planning to open a restaurant in Brickell. Following the initial investment of $1,031,063, the expected cash flows over the next 5

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1.5 pts You are planning to open a restaurant in Brickell. Following the initial investment of $1,031,063, the expected cash flows over the next 5 years are as follows. What is the payback period of this project? t Cash Flows 1 $387,097 2 $304,541 3 $525,638 4 $467,910 *Round your answer to the nearest two decimals

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