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Compute the payback period for an investment with the following net cash flows. (Round your answer to one decimal place Net Cash Flows Cumulative Net Cash Flows Year per Year $ (107,000) 10,700 20,700 20,700 34,550 40,700 40,700 $ (107,000) (96, 300) (75,600) (54,900) (20,350) 20,350 61,050 Initial investment 1. 2. 3. 4. 5. 6. Payback period years

Compute the payback period for an investment with the following net cash flows. (Round your answer to one decimal place Net Cash Flows Cumulative Net Cash Flows Year per Year $ (107,000) 10,700 20,700 20,700 34,550 40,700 40,700 $ (107,000) (96, 300) (75,600) (54,900) (20,350) 20,350 61,050 Initial investment 1. 2. 3. 4. 5. 6. Payback period years

Essentials Of Investments
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
Section: Chapter Questions
Problem 1PS
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Compute the payback period for an investment with the following net cash flows. (Round your answer to one decimal place.)

Compute the payback period for an investment with the following net cash flows. (Round your answer to one decimal place.) Net Cash Flows Cumulative Net Year per Year Cash Flows $ (107,000) $ (107,000) (96,300) (75,600) (54,900) (20,350) 20,350 61,050 Initial investment 10,700 20,700 20,700 34,550 40,700 40,700 2. 3. 4. 5. 6. Payback period years H - 2 m + n vo
Transcribed Image Text:Compute the payback period for an investment with the following net cash flows. (Round your answer to one decimal place.) Net Cash Flows Cumulative Net Year per Year Cash Flows $ (107,000) $ (107,000) (96,300) (75,600) (54,900) (20,350) 20,350 61,050 Initial investment 10,700 20,700 20,700 34,550 40,700 40,700 2. 3. 4. 5. 6. Payback period years H - 2 m + n vo
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