A project has the following cash flows. What is the payback period? Year 0 Cash Flow: -$8,400 Year 1 Cash Flow: $3,900 Year 2 Cash Flow: $5,500 Year 3 Cash Flow: $1,200 Select one: O a. O b. O c. O d. 1.31 years. 1.77 years. 1.82 years. 1.95 years.

A project has the following cash flows. What is the payback period? Year 0 Cash Flow: $8,400 Year 1 Cash Flow: $3,900 Year 2 Cash Flow: $5,500 Year 3 Cash Flow: $1,200 Select one: a. 1.31 years. b. 1.77 years. c. 1.82 years. d. 1.95 years