What is the payback period for the investment

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Question - The Silversword Company is considering an investment with a cost today of $1,500,000 and which will produce the following net inflows:

Year 1:  $600,000

Year 2: $300,000

Year 3: $20,000

Year 4:  $400,000

Year 5: $500,000

Required - What is the Payback Period for the investment?

Reference no: EM133079116

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