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5) The management of Sturdy Corporation, a construction company, is considering an investment in a high rise building with the following cash flows Investment Year

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5) The management of Sturdy Corporation, a construction company, is considering an investment in a high rise building with the following cash flows Investment Year Cash Inflow 2-0- 4,000,000.00 8,000,000.00 9,000,000.00 P38,000,000.00 6,000,000.00 4 12,000,000.00 10,000,000.00 6 8 9 10 8,000,000.00 6,000,000.00 5,000,000.00 3,000,000.00 Required Determine the payback period of the investment

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