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Question 34 Based on the information in the table, what is the payback period for Project A? Cash Flows Year Project A 0 -$250.00 1

Question 34

Based on the information in the table, what is the payback period for Project A?

Cash Flows

Year Project A

0 -$250.00

1 $85.00

2 $25.00

3 $130.00

4 $70.00

WACC = 5.00%

Group of answer choices

3.2686 years

3.4571 years

2.8571 years

3.1429 years

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