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QUESTION 5 A capital project has the following cash flows over its useful life: Time 0 Time 1 Time 2 Time 3 Time 4 Cash

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QUESTION 5 A capital project has the following cash flows over its useful life: Time 0 Time 1 Time 2 Time 3 Time 4 Cash flow (350,000) 80,000 120,000 100,000 180,000 Calculate the payback period for this project: 3.5 years 2.28 years 2.5 years 3.28 years

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