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The management of Unter Corporation is considering an investment with the following characteristics: Year 1 2 3 4 Investment $ 15,000 8,000 500 III Cash
The management of Unter Corporation is considering an investment with the following characteristics: Year 1 2 3 4 Investment $ 15,000 8,000 500 III Cash Inflow $ 6,eee 5,000 4,000 3,000 4,000 5,000 2,800 3,000 2,eee 2,500 6 2 8 9 10 Required: 1. Determine the payback period of the investment (Round your answer to 1 decimal place.) Payback period years 2. Would the payback period be affected if the cash inflow in the last year were several times as large? Yes O NO
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