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Guerilla Radio Broadcasting has a project available with the following cash flows : Year Cash Flow 0 $16,100 1 6,600 2 7,900 3 4,100 4

Guerilla Radio Broadcasting has a project available with the following cash flows : Year Cash Flow 0 $16,100 1 6,600 2 7,900 3 4,100 4 3,700 What is the payback period? (Unit: year) (Round to 2 decimal places.) Group of answer choices 2.39 2.66 3.00 2.79 1.61

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