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Consider the following cash flows: Year 0 1 Cash Flow -$4,800 1,400 2,500 1,200 900 2 3 4 What is the payback period for the
Consider the following cash flows: Year 0 1 Cash Flow -$4,800 1,400 2,500 1,200 900 2 3 4 What is the payback period for the cash flows? (Do not round intermedia and round your answer to 2 decimal places, e.g., 32.16.) Payback period 4.33 years
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