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Consider the following cash flows: Year O-NM Cash Flow -$7,000 2,000 4,300 1,800 1,500 2 3 4 Required: What is the payback period for the

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Consider the following cash flows: Year O-NM Cash Flow -$7,000 2,000 4,300 1,800 1,500 2 3 4 Required: What is the payback period for the above set of cash flows? 1.39 years 2.11 years 0 2.57 years 2.97 years 2.39 years

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