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Stern Associates is considering a project that has the following cash flow data. What is the project's payback? Year 0 1 3 4 5 2

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Stern Associates is considering a project that has the following cash flow data. What is the project's payback? Year 0 1 3 4 5 2 $290 -$975 Cash flows $280 $300 $310 $320 O a. 2.66 years O b.3.66 years O c.3.34 years d. 1.21 years O e.4.34 years o 0 Icon Key MC.11.098.Algo Question 9 of 20 Submit Test for Grading Save

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