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2. Yang Exporters is evaluating the following project. What is the Payback Period of the project? Year 0 1 2 3 Cash Flow -$60,000 $14,000

2. Yang Exporters is evaluating the following project. What is the Payback Period of the project? Year 0 1 2 3 Cash Flow -$60,000 $14,000 $17,000 $24,000 $270.000 a. 4.00 b. 2.38 C. 1.84 d. 3.02 e. can't solve; need to know the discount rate

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