What is the payback period for the following set of cash flows? (Round your answer to 2 decimal places, e.g., 32.16.)   Year Cash Flow 0 –$ 4,700   1   1,200   2   1,400   3   1,800   4   1,300

International Financial Management
14th Edition
ISBN:9780357130698
Author:Madura
Publisher:Madura
Chapter12: Managing Economic Exposure And Translation Exposure
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What is the payback period for the following set of cash flows? (Round your answer to 2 decimal places, e.g., 32.16.)


 

Year Cash Flow
0 –$ 4,700  
1   1,200  
2   1,400  
3   1,800  
4   1,300  
 
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