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Assume a project has the following expected cash flows: Year Expected Net Cash Flow 0 ($500,000) 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 ($500,000) 1 100,000 2 150,000 3 200,000 4 250,000 What is the project's payback (payback period)? 2.00 years 2.20 years 2.50 years 2.75 years 3.15 years

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