Question
A project has the following cash flows. What is the payback period? Year CFs 0 -$208 1 $42 2 $64 3 $53 4 $310 Enter
A project has the following cash flows. What is the payback period?
| Year | CFs |
| 0 | -$208 |
| 1 | $42 |
| 2 | $64 |
| 3 | $53 |
| 4 | $310 |
Enter your answer rounded off to two decimal points. Do not enter $ or comma in the answer box. For example, if your answer is 12.345 then enter as 12.35 in the answer box.
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Corporate Finance
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Gordon Roberts, Hamdi Driss
8th Canadian Edition
01259270114, 9781259270116
