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The management of Unter Corporation, an architectural design firm, is considering an investment with the following cash flows: Investment $42.000 $5,000 Year 1 2 3
The management of Unter Corporation, an architectural design firm, is considering an investment with the following cash flows: Investment $42.000 $5,000 Year 1 2 3 4 5 6 7 8 9 10 Cash Inflow $3,000 $6,000 $12,000 $14,000 $16.000 $15,000 $13,000 $11,000 $10,000 $10,000 Required: 1 Determine the payback period of the investment (Round your answer to 1 decimal place.) Payback penod years 2. Would the payback period be affected if the cash intlow in the last year were several times as large? Yes No
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