Question
Consider the following cash flows: Year Cash Flow 0 $ 5,600 1 1,650 2 2,900 3 1,450 4 1,150 What is the payback period for
Consider the following cash flows:
| Year | Cash Flow | |
| 0 | $ | 5,600 |
| 1 | 1,650 | |
| 2 | 2,900 | |
| 3 | 1,450 | |
| 4 | 1,150 | |
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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Small Business Finance And Valuation
Authors: Rick Nason, Dan Nordqvist
1st Edition
1952538122, 9781952538124
