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Poder Inc. is considering a project that has the following cash flow data. What is the project's payback? Year 0 1 2 3 Cash flows

Poder Inc. is considering a project that has the following cash flow data. What is the project's payback?

Year

0

1

2

3

Cash flows

-$750

$300

$325

$350

a. 2.59 years
b. 2.36 years
c. 2.12 years
d. 2.85 years
e. 1.91 years

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