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Regular Payback Blanchford Enterprises is considering a project that has the following cash flow data. Year 0 1 2 3 Cash flows: -$1,039 $318 $388
Regular Payback Blanchford Enterprises is considering a project that has the following cash flow data. Year 0 1 2 3 Cash flows: -$1,039 $318 $388 $586 Calculate the project's regular payback. Follow the guidelines used in this course for precision of intermediate values. Round-off your answer to one decimal place, ( i.e., 1.2 ).
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