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Project Alpha is expected to have the following cash flows: Year 1 2 3 4 5 Cash Flow -$24,800 7,200 8,300 7,200 7,800 6,800 What

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Project Alpha is expected to have the following cash flows: Year 1 2 3 4 5 Cash Flow -$24,800 7,200 8,300 7,200 7,800 6,800 What is the payback period of the project? What is the payback period of the project? Multiple Choice 2.71 years 4.00 years 3.84 years O 3.27 years O 3.53 years

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