v ezto.mheducation.com + M Question 15 - Test 3 - Connect Course Hero Test 3 i Saved Help Save & Exit Submit 15 A $120,500 initial investment will generate the following present values of net cash flows. What is the break-even time for this investment? (PV of $1, FV of $1, PVA of $1, and FVA of $1) Note: Round "Break-even time" answer to 1 decimal place. 8 Cumulative 01:24:20 Present Present Value of Value of Net Cash Net Cash Year Flows Flows Initial investment (120, 500) (120, 500) 1. 40, 909 (79, 591) 2 . 37 , 188 (42, 403 3 . 28, 872 (13, 530) 4. 30, 735 17, 205 5 . 27 , 941 45, 145 Break-even time 4.0 years 1 decimal places required.