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The management of Victor Ltd . is considering an investment with the following characteristics: YearInvestmentCash Inflow 1 $ 1 5 , 0 0 0 $

The management of Victor Ltd. is considering an investment with the following characteristics: YearInvestmentCash Inflow1$ 15,000$ 8,00028,0005,00034,00043,00054,00065,00072,00083,00092,000102,500 Required:1. Determine the payback period of the investment. (Round your answer to 2 decimal places.)2. Would the payback period be affected if the cash inflow in the last year were several times as large? multiple choiceYesNo
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