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A Co. is planning to undertake a project with an initial investment of $512412. This project is expected to generate a cash flow of $130,000
A Co. is planning to undertake a project with an initial investment of $512412. This project is expected to generate a cash flow of $130,000 in year 1,$100,000 in year 2,$140,000 in year 3 , and $956078 in year 4 . Calculate the payback period of the project. (Do not enter any $ sign, comma, or any other text in the answer. Round your answers up to 2 decimal spaces.) (Do not include 'year/years', comma, or any other text. Round your answer to 2 decimal places.)
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