Guerilla Radio Broadcasting has a project available with the following cash flows :

Year	Cash Flow
0	$12,400
1	5,100
2	6,400
3	5,800
4	4,200

What is the payback period?

Multiple Choice

• 2.51 years

• 3.00 years

• 2.16 years

• 2.39 years

• 1.84 years