What is the payback period for the following set of cash flows? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Year 0 1 234 Cash Flow -$5,800 1,500 1,700 2,100 1,600 Payback period years
What is the payback period for the following set of cash flows? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Year 0 1 234 Cash Flow -$5,800 1,500 1,700 2,100 1,600 Payback period years
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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What is the payback period for the following set of cash flows? (Do not round
intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
Year
01234
Cash Flow
-$5,800
1,500
1,700
2,100
1,600
Payback period
#
years
69
000
000
%
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