Based on the following set of cash flows, calculate the payback period. (Round your answer to...
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Based on the following set of cash flows, calculate the payback period. (Round your answer to 2 decimal places, e.g., 32.16.) Cash Year Flow 0 $4.700 1 1,200 2 1,400 3 1,800 4 1,300 Payback period 56 years Based on the following set of cash flows, calculate the payback period. (Round your answer to 2 decimal places, e.g., 32.16.) Cash Year Flow 0 $4.700 1 1,200 2 1,400 3 1,800 4 1,300 Payback period 56 years
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