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Green Caterpillar Garden Supplies is a small firm, and several of its managers are worried about how soon the firm will be able to recover
Green Caterpillar Garden Supplies is a small firm, and several of its managers are worried about how soon the firm will be able to recover its initial investment from Project Alpha's expected future cash flows. To answer this question, Green Caterpillar's CFO has asked that you compute the project's payback period using the following expected net cash flows and assuming that the cash flows are received evenly throughout each year.
Complete the following table by computing the project's conventional payback period. Hint: For full credit, complete the entire table. Round the conventional payback period to the nearest two decimal places. If your answer is negative use a minus sign.
tableYear Year Year Year Expected cash flow,$$$$ Please view image for all questions Thank you
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