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A project has the folowing cash flows. Whta is the payback period? Year Cash Flow 0 -$92,000 1 $27,000 2 $45,800 3 $16,800 4 $11,200

A project has the folowing cash flows. Whta is the payback period? Year Cash Flow 0 -$92,000 1 $27,000 2 $45,800 3 $16,800 4 $11,200 a. 2.48 years b. 2.59 years c. 2.96 years d. 3.21 years e. 3.43 years

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