FIN 3351 (2) (1) Alese Berry 27/20 9:28 PM Homework: HW 4 (Ch. 9 & 10 with 5% grade) Say Score: 0 of 1 pt 7 of 10 (9 complete) HW Score: 50%, 5 of 10 Problem 10-8 (similar to) E Question Help (Payback period calculations) You are considering three independent projects, project A project B, and project C. Given the free cash flow information in the popup window calculate the payback period for each. If you require a 3-year payback before an investment can be accepted, which project(s) would be accepted? What is the payback period of project A? 6 Data Table years (Round to two decimal places.) (Click on the following icon in order to copy its contents into a spreadsheet PROJECT A PROJECTB PROJECT C Initial Outlay - $1,050 - $9,500 - $5,500 Inflow year 1 700 5,000 1.000 Inflow year 2 300 2,000 1.000 Inflow year 3 200 2.000 2,000 Inflow year 4 100 2.000 2.000 Inflow year 5 400 2.000 2.000 - Enter your answer in the answer box and the Print Done 5 parts remaining Clear All Check Answer WO here to search