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Remaining Time: 1 hour, 24 minutes, 28 seconds. Question Completion Status: .A Moving to another question will save this response. Question 13 Resnick Inc. is

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Remaining Time: 1 hour, 24 minutes, 28 seconds. Question Completion Status: .A Moving to another question will save this response. Question 13 Resnick 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 -$475 $200 $200 $200 a. 1.97 years b.2.61 years c.2.26 years d. 2.42 years e. 2.38 years A Moving to another question will save this response. Test Information Description Instructions Timed Test This test has a time limit of 1 hour and 30 minutes. This test will save and submit automatically when the time expires. Warnings appear when half the time, 5 minutes, 1 minute, and 30 seconds remain. Multiple Attempts Not allowed. This test can only be taken once. Force Completion This test can be saved and resumed at any point until time has expired. The timer will continue to run if you leave the test. Remaining Time: 1 hour, 24 minutes, 06 seconds. Question Completion Status: A Moving to another question will save this response. Question 14 of 50 > >> Question 14 10 points Save Answer If you were evaluating two mutually exclusive projects for a firm with a zero cost of capital, the payback method and NPV method would always lead to the same decision on which project to undertake. True False A Moving to another question will save this response. Question 14 of 50 > >>

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