Question
Problem 9-1 Calculating Payback [LO2] What is the payback period for the following set of cash flows? (Round your answer to 2 decimal places, e.g.,
Problem 9-1 Calculating Payback [LO2] What is the payback period for the following set of cash flows? (Round your answer to 2 decimal places, e.g., 32.16.) Year Cash Flow 0 $ 4,600 1 1,225 2 1,425 3 1,825 4 1,325 Payback period years
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Managerial Finance
Authors: Alan Parkinson
1st Edition
0750618264, 978-0750618267
