What is the Payback Period for this project?

Judson Corp. is considering an investment that will generate the following cash flows:

$)$

Cash Flow

If Judson's cost of capital is $12\%,$ what is the project's NPV$?$ Use CF register to calculate.

You can also use timeline if it helps you.

Year

Cash Flow

$0$

$($$$1,000)$

$1$

$$400$

$2$

$$400$

$3$

$$600$