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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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