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A project has the following cash flows. time CF 0 $ (220.00) 1 $ 60.00 2 $ 70.00 3 $ 80.00 4 $ 44.00 5
A project has the following cash flows.
time | CF |
0 | $ (220.00) |
1 | $ 60.00 |
2 | $ 70.00 |
3 | $ 80.00 |
4 | $ 44.00 |
5 | $ 100.00 |
What is the Payback of this project? Answer using two decimal figures, i.e. 1.23
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