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Given a the following set of cash flows, what is the payback period? CF0: -10,964 CF1: 3,410 CF2: 4,222 CF3: 9,585 CF4: 9,161 CF5: 1,566
Given a the following set of cash flows, what is the payback period? CF0: -10,964 CF1: 3,410 CF2: 4,222 CF3: 9,585 CF4: 9,161 CF5: 1,566 Answer with two decimals.
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Personal Financial Planning
Authors: Lawrence J. Gitman, Michael D. Joehnk
11th Edition
0324422865, 978-0324422863
