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Mong and stion 5 11.25 points Save A Siegmeyer Corp. is considering a new inventory system Prolet A that will cost $2,400,000. The system is

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Mong and stion 5 11.25 points Save A Siegmeyer Corp. is considering a new inventory system Prolet A that will cost $2,400,000. The system is expected to generate positive cash flows over the next four years in the amounts of $700.000 in your one, 3900,000 artwo. $1,000,000 in year thr, and $1.200.000 in year fout Segmeyer's required rate of return is 10 What is the payback period of this project? 400 years 3.33 years 2.60 years 2.32 years Questions

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