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The cash flows of a project are given below: Year Cash Flows 0 -5000.0 1 1740.0 2 2430.0 3 3140.0 The required return is 4.4
The cash flows of a project are given below:
| Year | Cash Flows |
|---|---|
| 0 | -5000.0 |
| 1 | 1740.0 |
| 2 | 2430.0 |
| 3 | 3140.0 |
The required return is 4.4 percent. What is the payback period for this project?
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