QUESTION 8 Your company is considering a project with the following projected cash flows. Calculate the project's REGULAR payback period (in years). Year Cash Flow 0 -$1,150 1 525 2 485 3 385 4 405 Enter your answer as a number with 2 decimal places of precision (i.e., 1.23)
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Year 0: $1,150 Year 1: $1,150 - $525 = $625 Year 2: $625 - $485 = $140 Year 3: $140 + $385 = $525 Year 4: $525 - $405 = $120 Show more…
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