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What is the payback period for the following set of cash flows? 1. Year Cash Flow 0 $ 5,800 1 2,700 2 2,400 3 1,200
| What is the payback period for the following set of cash flows? |
1.
| Year | Cash Flow |
|---|---|
| 0 | $ 5,800 |
| 1 | 2,700 |
| 2 | 2,400 |
| 3 | 1,200 |
| 4 | 1,100 |
2.71 years
2.60 years
2.88 years
2.53 years
2.58 years
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Essentials Of Managerial Finance
Authors: Scott Besley, Eugene F. Brigham
12th Edition
0030258723, 9780030258725
