5 a. What is the payback period (Be exact to 1 decimal place) of the cash flow below? 1500 10 10000 1700 1900 2300 2100 2 3 4 1800 2000 1700 1500 00 1900 2100 2300 9 10 11 12

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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5 a. What is the payback period (Be exact to 1 decimal place) of the cash flow below?
1500
1700
10000
1900
2300
2100
0 1 2 3 4 5
m
1800
2000
1500
00
1700
1900
9 10
2100
11
2300
12
Transcribed Image Text:5 a. What is the payback period (Be exact to 1 decimal place) of the cash flow below? 1500 1700 10000 1900 2300 2100 0 1 2 3 4 5 m 1800 2000 1500 00 1700 1900 9 10 2100 11 2300 12
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