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9) Calculate the payback period (PP) for the cash flows provided in the table below. Note: The negative cash flow for year 0 is the
9) Calculate the payback period (PP) for the cash flows provided in the table below. Note: The negative cash flow for year 0 is the initial investment for the project. Year Cash Flow 0 -$131,000 1 $187,000 2 $24,000 3 $10,000 A) 0.70 years B) 1 year C) 1.25 years D) 2.75 years
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