Question: Problem 9-1 Calculating Payback (LO2] What is the payback period for the following set of cash flows? (Do not round intermediate calculations and round your
Problem 9-1 Calculating Payback (LO2] What is the payback period for the following set of cash flows? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Year 0 1 2 3 4 Cash Flow -$ 4,900 1,250 1,450 1,850 1,350 Payback period years ces
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