3. Return to the cashflows from question 1. If the investment was undertaken and it...

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3. Return to the cashflows from question 1. If the investment was undertaken and it cost $1.5 million to do so, when will the project be paid back? Payback = t; were CF, = |CF|, years to recover total cash flow includes fractional portion to reach initial outlay. = 3. Return to the cashflows from question 1. If the investment was undertaken and it cost $1.5 million to do so, when will the project be paid back? Payback = t; were CF, = |CF|, years to recover total cash flow includes fractional portion to reach initial outlay. =

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