5 2 3 $300 $310 $320 $330 $340 Stern Associates is considering a project that has the following cash flow data. What is the

Question

88 users unlocked this solution today!

5 2 3 $300 $310 $320 $330 $340 Stern Associates is considering a project that has the following cash flow data. What is the project's payback? Year 0 Cash flows -$1,100 a. 2.31 years Ob. 3.52 years c. 2.56 years Od. 3.16 years Oe. 2.85 years 13