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A project has the following cash flows. What is the payback period? Year CFs 0 -$435 1 $281 2 $66 3 $171 4 $187 Enter

A project has the following cash flows. What is the payback period?

Year CFs
0 -$435
1 $281
2 $66
3 $171
4 $187

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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