What is the payback period for the set of cash flows given below? Year 0...
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What is the payback period for the set of cash flows given below? Year 0 Cash Flow $-6,400 1,600 1,900 2,300 1,400 2 4 An investment project has annual cash inflows of $4,200, $5,300, 6,100 and $7,400 and a discount rate of 14 percent. What is the discounted payback period for these cash flows if the initial cost is $7,000? What is the discounted payback period for these cash flows if the initial cost is $10,000? What is the discounted payback period for these cash flows if the initial cost is $13,000? Do not round intermediate calculations and round your final answer to 2 decimal places
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