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14. You are analyzing a project with the following cash flows: Year O: -240,000 Year 1: + 10,000 Year 2: + 55,000 Year 3: +100,000

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14. You are analyzing a project with the following cash flows: Year O: -240,000 Year 1: + 10,000 Year 2: + 55,000 Year 3: +100,000 Year 4: +380,000 What is the Payback for this project: Multiple Choice The Project has a payback of 3.88 years The Project has a payback of 3.20 years The Project has a payback of 3.05 years The Project has a payback of 3.28 years

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