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Use the table for the question(s) below. Consider a project with the following cash flows: Year 0 1 2 3 Cash Flow -13,532 3,870 3,870
Use the table for the question(s) below. Consider a project with the following cash flows: Year 0 1 2 3 Cash Flow -13,532 3,870 3,870 3,870 3,870 4 Assume the appropriate discount rate for this project is 11%. Calculate the payback period in years. Round to 1 decimal place..e 1.0 for 10 years
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