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Based on the information in the table, what is the payback period for Project A? Cash Flows Year Project A 0 -$250.00 1 $85.00 2

Based on the information in the table, what is the payback period for Project A?

Cash Flows

Year Project A

0 -$250.00

1 $85.00

2 $25.00

3 $150.00

4 $70.00

WACC = 5.00%

Group of answer choices

3.2267 years

3.0507 years

2.6667 years

2.9333 years

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