9-1
The payback period for the following set of cash flows is _____ years. (Enter 0 when there is no payback period. Round your answer to 2 decimal places. (e.g., 32.16))
Year Cash Flow
0 −$6,400
1 1,600
2 1,900
3 2,300
4 1,400
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The payback period for the following set of cash flows is ___3.43 __ years. (Enter 0 when
there is no payback period. Round your answer to 2 decimal places. (e.g., 32.16))
Year Cash Flow
0 $6,400
1...