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AR (this information is used for questions 16 - 19) A project has a cash flow of ($1,327,500) at time 0, $300,000 in year 1,
AR (this information is used for questions 16 - 19) A project has a cash flow of ($1,327,500) at time 0, $300,000 in year 1, $310,000 in year 2, $466,000 in year 3, $320,000 in year 4, and $539,000 in year 5. The company's cost of capital is 12%. What is the payback period for this project? O 4.87 yrs. 3.84 yrs. O 3.24 yrs. * O Never O 3.79 yrs
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