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Susmel Inc. is considering a project that has the following cash flow data. What is the project's payback? No original investment given Year 0 1

Susmel Inc. is considering a project that has the following cash flow data. What is the project's payback?

No original investment given

Year 0 1 2 3

Cash flows -$500 $150 $200 $300

Group of answer choices 1.90 years 2.63 years 2.50 years 1.93 years

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