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