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1) Worthington Inc. is considering a project that has the following cash flow data. What is the project's payback? Year 0 1 2 3 Cash
1) Worthington Inc. is considering a project that has the following cash flow data. What is the project's payback?
Year | 0 | 1 | 2 | 3 |
Cash flows | -$700 | $200 | $275 | $300 |
a. 2.03 years
b. 2.25 years
c. 2.50 years
d. 2.75 years
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