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Beduin Services is considering an investment of $25,000. Data related to the investment are as follows: Year 1 2 3 Cash Flow $10,000 11,000 8,000

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Beduin Services is considering an investment of $25,000. Data related to the investment are as follows: Year 1 2 3 Cash Flow $10,000 11,000 8,000 15,000 15,000 4 on A 5 Cost of capital is 14%. What is the payback period in years, assuming no taxes are paid? (Round to two decimal places.) a. 3.00 years Ob.2 50 years O c. 4.00 years O d. 2.12 years

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