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Jefferson Inc., is considering a project with the following cash flows. Year Cash Flows 0 -$50,000 1 $10,898 2 $15,704 3 $33,737 4 $75,133 5
Jefferson Inc., is considering a project with the following cash flows.
| Year | Cash Flows |
| 0 | -$50,000 |
| 1 | $10,898 |
| 2 | $15,704 |
| 3 | $33,737 |
| 4 | $75,133 |
| 5 | $250,267 |
What is the regular payback period for this project?
[Enter the final answer with two decimals (e.g. 4.73)]
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Practical financial management
Authors: William r. Lasher
5th Edition
0324422636, 978-0324422634
