Question: pay back period method Question 2 1 pts A firm is considering undertaking a project which requires an initial investment of $200,000. The estimated cash

pay back period method
pay back period method Question 2 1 pts A firm is
Question 2 1 pts A firm is considering undertaking a project which requires an initial investment of $200,000. The estimated cash flows from the project are given below: $40,000 $70,000 At the end of Year 1 At the end of Year 2 At the end of Year 3 At the end of Year 4 $60,000 $76,395 Determine the Payback period in years) for the project by Ordinary Payback Period method IMPORTANT: Write your answer up to two decimal places

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