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Susmel 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

Susmel 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 $150 $200 $275
a. 1.73 years
b. 1.38 years
c. 2.55 years
d. 1.32 years
e. 2.45 years

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