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What is the payback period for the following set of cash flows? (round 2 decimal places) Year Cash Flow 0 -5,605 1 1,634 2 1,634
What is the payback period for the following set of cash flows? (round 2 decimal places)
| Year | Cash Flow |
| 0 | -5,605 |
| 1 | 1,634 |
| 2 | 1,634 |
| 3 | 1,556 |
| 4 | 1,966 |
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Fundamentals Of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
Concise 10th Edition
1337902578, 978-1337902571
