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ABC is considering a project that has the following cash flows: Year Cash Flow 0 -X 1 210 2 215 3 375 4 456 The

ABC is considering a project that has the following cash flows:

Year Cash Flow
0 -X
1 210
2 215
3 375
4 456

The project has a payback of 3.15 years, and the firms cost of capital is 12%. What is X?

-$278.40

-$493.40

-$868.40

None of the above

Cannot be determined

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