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Assume a project has the following expected cash flows: Year Expected Net Cash Flow 0 ($400,000) 1 100,000 2 150,000 3 200,000 4 250,000 What

Assume a project has the following expected cash flows:

Year Expected Net Cash Flow
0 ($400,000)
1 100,000
2 150,000
3 200,000
4 250,000

What is the projects payback (payback period)?

A 2.00 years
B 2.25 years
C 2.50 years
D 2.75 years
E 3.15 years

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