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Having studied capital budgeting in this class, your employer needs your help in evaluating a project with the cash flows listed in the table below.

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Having studied capital budgeting in this class, your employer needs your help in evaluating a project with the cash flows listed in the table below. Note that the required return on this project is 10%. Cash Flows -$350,000 $80,000 $90,000 $150,000 $75,000 $90,000 What is the payback period of this project? O 34 years 325 years O 3.5 years O 4 years Year 0 (Initial Outlay) 1 2 3 4 5

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