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What is the payback period for the following set of cash flows? (Round your answer to 2 decimal places, e.g., 32.16.) Year Cash Flow 0
| What is the payback period for the following set of cash flows? (Round your answer to 2 decimal places, e.g., 32.16.) |
| Year | Cash Flow | ||
| 0 | $ | 5,800 | |
| 1 | 1,375 | ||
| 2 | 1,575 | ||
| 3 | 1,975 | ||
| 4 | 1,475 | ||
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Fundamentals Of Contemporary Financial Management
Authors: R. Charles Moyer, James R. McGuigan, Ramesh P. Rao
2nd Edition
0324406363, 978-0324406368
