Question
Find the Payback period for the following investment opportunity. Initial Cash Investment at the beginning of year 1 is $18,200. End of the year cash
Find the Payback period for the following investment opportunity. Initial Cash Investment at the beginning of year 1 is $18,200.
| End of the year cash inflows: | Investment opportunity Y |
| Year 1 | $5,090 |
| Year 2 | $5,670 |
| Year 3 | $5,370 |
| Year 4 | $7,190 |
The answer should be calculated to two decimal places.
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R E A L E S T A T E I N V E S T I N G
Authors: T Vijayan Babu
1st Edition
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