Question: A project has the following cash flows. What is the payback period?
| Year |
CFs |
| 0 |
-$184 |
| 1 |
$43 |
| 2 |
$56 |
| 3 |
$46 |
| 4 |
$273 |
Enter your answer rounded off to two decimal points. Do not enter $ or comma in the answer box. For example, if your answer is 12.345 then enter as 12.35 in the answer box.