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QUESTION 13 Year 0 1 2 3 4 5 6 Cash Flow -110000 30000 40000 20000 80000 20000 20000 Given the cash flows in the

QUESTION 13 Year 0 1 2 3 4 5 6 Cash Flow -110000 30000 40000 20000 80000 20000 20000 Given the cash flows in the table above, calculate the payback period assuming the cash flows in years 1 to 4 occur evenly throughout the year. The required rate of return is 12%. Answer in years accurate to two decimal places. 2 points Save

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