Consider the following cash flows: Year Cash Flow -$4,800 1,400 2,500 1,200 900 What is the payback period for the cash flows? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) 01234

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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Consider the following cash flows:
Cash Flow
-$4,800
1,400
2,500
1,200
900
Year
What is the payback period for the cash flows? (Do not round intermediate calculations
and round
answer to 2 decimal places, e.
32.16.)
Payback period
years
-23 4
Transcribed Image Text:Consider the following cash flows: Cash Flow -$4,800 1,400 2,500 1,200 900 Year What is the payback period for the cash flows? (Do not round intermediate calculations and round answer to 2 decimal places, e. 32.16.) Payback period years -23 4
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