Poder Inc Is Considering a Project That Has the Following Cash

question 43

Multiple Choice

Poder Inc. is considering a project that has the following cash flow data. What is the project's payback?
$\begin{array} { l c c c c } \text { Year } & 0 & 1 & 2 & 3 \\ \text { Cash flows } & - \$ 750 & \$ 300 & \$ 325 & \$ 350\end{array}$

• A) 1.91 years
• B) 2.12 years
• C) 2.36 years
• D) 2.59 years
• E) 2.85 years

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Definitions:

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