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Project M is considering a project that has the following cash flow data. What is the project's Payback Perlod? YEAR CASHFLOW 0 -$1,000,000 $400,000 2

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Project M is considering a project that has the following cash flow data. What is the project's Payback Perlod? YEAR CASHFLOW 0 -$1,000,000 $400,000 2 $325,000 $475,000 $800,000 1 4 3 4 Multiple Choice 2.643 years 2.474 years 2.579 years 2.556 years 2.529 voor

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