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Jeff Corp. is considering the future cash flows of two potential projects. Project X Project Y $57,200 $67,300 Cost of machine Net cash flow :

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Jeff Corp. is considering the future cash flows of two potential projects. Project X Project Y $57,200 $67,300 Cost of machine Net cash flow : Year 1 Year 2 Year 3 Year 4 20,200 20, 200 20,200 4,600 30,000 30,000 23,000 What is the payback period in years for Project Y? Multiple Choice 4.00. 2.00. O 3.12

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