Question: Problem 9-1 Calculating Payback [LO2] What is the payback period for the following set of cash flows? (Round your answer to 2 decimal places, e.g.,

Problem 9-1 Calculating Payback [LO2] What is the payback period for

Problem 9-1 Calculating Payback [LO2] What is the payback period for the following set of cash flows? (Round your answer to 2 decimal places, e.g., 32.16.) Year 0 Cash Flow $5,800 1,450 1,650 2,050 1,550 1 NM 4 Payback period years

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