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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 | $ | 5,600 | |
| 1 | 1,325 | ||
| 2 | 1,525 | ||
| 3 | 1,925 | ||
| 4 | 1,425 | ||
| Payback period | years |
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Quantitative Financial Risk Management
Authors: Constantin Zopounidis, Emilios Galariotis
1st Edition
1118738187, 978-1118738184
