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What is the payback period for the following set of cash flows? Year Cash Flow 0 $ 6,200 1 2,900 2 2,300 3 2,100 4
| What is the payback period for the following set of cash flows? |
| Year | Cash Flow |
| 0 | $ 6,200 |
| 1 | 2,900 |
| 2 | 2,300 |
| 3 | 2,100 |
| 4 | 1,500 |
-
2.48 years
-
2.78 years
-
2.43 years
-
2.60 years
-
2.50 years
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Financial Management Theory And Practice
Authors: Eugene F. Brigham, Michael C. Ehrhardt
10th Edition
0030329922, 9780030329920
