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What is the payback period for the following set of cash flows?     Year Cash Flow 0 ?$ 4,200        1 2,500        2 2,600...

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Finance

What is the payback period for the following set of cashflows?

   

YearCash Flow
0?$ 4,200       
12,500       
22,600       
32,600       
41,900       

Answer & Explanation Solved by verified expert
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Solution The payback period for the given set    See Answer
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Transcribed Image Text

What is the payback period for the following set of cashflows?   YearCash Flow0?$ 4,200       12,500       22,600       32,600       41,900       

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