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What is the payback period for the following set of cash flows? Year Cash Flow 0 ?$ 2,400 1 1,800 2 2,200 3 1,900 4
| What is the payback period for the following set of cash flows? |
| Year | Cash Flow |
| 0 | ?$ 2,400 |
| 1 | 1,800 |
| 2 | 2,200 |
| 3 | 1,900 |
| 4 | 1,200 |
| | |
rev: 09_18_2012
| 1.22 years | |
| 1.57 years | |
| 1.29 years | |
| 1.34 years | |
| 1.27 years |
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Financial Institutions Management
Authors: Anthony Saunders
1st Edition
0256110565, 9780256110562
