Consider the following cash flows: Year Cash flow 0 ?$5,900 1 2,000 2 2,700 3 1,500 4

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Question:

Consider the following cash flows:

Year	Cash flow
0	?$5,900
1	2,000
2	2,700
3	1,500
4	900

Required:

What is the payback period for the above set of cash flows? ( Do not round intermediate calculations. Round your answer to 2 decimal places (eg, 32.16).)

Recovery period_________________________

years

Related Book For answer-question

Income Tax Fundamentals 2013

ISBN: 9781285586618

31st Edition

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

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Posted Date: Jun 15, 2023 05:21 AM

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Consider the following cash flows: Year Cash flow 0 ?$5,900 1 2,000 2 2,700 3 1,500 4

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To calculate the payback period we need to find out the time it takes fo... View the full answer

Income Tax Fundamentals 2013

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