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Consider the following cash flows: Year Cash Flow 0 $ 5,800 1 1,700 2 3,100 3 1,500 4 1,200 What is the payback period for
Consider the following cash flows:
| Year | Cash Flow | |
| 0 | $ | 5,800 |
| 1 | 1,700 | |
| 2 | 3,100 | |
| 3 | 1,500 | |
| 4 | 1,200 | |
What is the payback period for the cash flows? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Payback period years
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Financial Management
Authors: P V V Satyanarayana
1st Edition
9350568012, 9789350568019
