A project has the following cash flows. What is the payback period? Year CFs 0 -$435 1
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Question:
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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