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A $100,000 initial investment will generate the following present values of net cash flows. What is the breakeven time for this investment? (PV of $1.

A $100,000 initial investment will generate the following present values of net cash flows. What is the breakeven time for this investment? (PV of $1. EV of $1. PVA of $1, and EVA of S1) (Round "Break even time" answer to 1 decimal place.) Year Initial investment 1. 2. 3. Cumulative Present Value of Present Value of Net Cash Flows Net Cash Flows $ (112,300) 39,091 35,535 27,370 29,369 26,699 Break-even time $ (112,300) (73,209) (37,674) years (10,304) 19,065 45,764

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