Question: Please put answer in bold Find the Payback period for the following investment opportunity. Initial Cash Investment at the beginning of year 1 is $19,000.

Please put answer in bold
Please put answer in bold Find the Payback period for the following

Find the Payback period for the following investment opportunity. Initial Cash Investment at the beginning of year 1 is $19,000. End of the year cash Investment opportunity Y inflows: Year 1 $5,500 Year 2 $5,140 Year 3 $5,580 Year 4 $6,810 The answer should be calculated to two decimal places

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