Payback Period
Each of the following scenarios is independent. Assume that all cash flows are after-tax cash flows.
Required:
1. What is the payback period for Colby? Round
your answer to two decimal places.
years
2. What is the payback period for Kylie? Round
your answer to one decimal place.
years
3. How much did Carsen invest in the
project?
$
4. How much cash does Rahn receive each
year?
$per year
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