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Hope Motors is considering a project with the following expected cash flows: Year Project Cash Flow 0 -$900 million 1 300 million 2 100 million

Hope Motors is considering a project with the following expected cash flows:

Year Project Cash Flow
0 -$900 million
1 300 million
2 100 million
3 400 million
4 200 million

What is the projects payback?

A) 1.8 years

B) 2.2 years

C) 2.7 years

D) 3.5 years

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