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A company is considering a new project that will cost $750,000. The project is expected to generate positive cash flows over the next four years

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A company is considering a new project that will cost $750,000. The project is expected to generate positive cash flows over the next four years in the amounts of $300,000 in year one. $325.000 in year two, $200,000 in year three, and $180,000 in year four. The required we frums By Whis the project's payback period? 2.60 years 2.63 years 2.83 years 2.33 years 2.50 years

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