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Cash Flow 1 $200,000 2 $600,000 3 $700,000 4 $400,000 5$500,000 10. Blixen Technologies is considering a project with the cash flows below. If the

Cash Flow

1

$200,000

2

$600,000

3

$700,000

4

$400,000

5$500,000

10. Blixen Technologies is considering a project with the cash flows below. If the initial outlay is $1,500,000, what is the payback period of this project?

  1. 3.00 years
  2. 3.25 years
  3. 3.75 years
  4. 5.00 years

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