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Calculate the payback period (PB) for a project that has the following cash flows? The required return is 15.0%. Year 0 Cash Flow $ (55,000)

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Calculate the payback period (PB) for a project that has the following cash flows? The required return is 15.0%. Year 0 Cash Flow $ (55,000) $5,000 $ 10,000 1 2 3 4 $ 15,000 $ 20,000 $ 25,000 5 No answer text provided. 2.67 years 3.75 years 4.20 years None of these are correct. 2.00 years

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