Question: A project with the following expected cash flow pattern would have a payback period of ____ years ( round to two decimals). initial investment ($9000)

A project with the following expected cash flow pattern would have a payback period of ____ years ( round to two decimals).

initial investment ($9000)

  • Year 1 inflow:$2000
  • Year 2 inflow:$3000
  • Year 3 inflow:$8000
  • Year 4 inflow:$3000

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