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21. A project has the following cash flows. What is the payback period? Year h Flow 0 -$28,000 11,600 2 11,600 3 6,500 4 6,500

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21. A project has the following cash flows. What is the payback period? Year h Flow 0 -$28,000 11,600 2 11,600 3 6,500 4 6,500 A. 2.38 years B. 2.49 years C. 2.74 years D. 3.01 years E. 3.33 years

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