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The Gaming Company is investing in Project T Initial Costs 20,000. Cash Flows: Yr 1 $6,000 Yr 2 $7,000 Yr 3 $7,000 Yr 4

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The Gaming Company is investing in Project T Initial Costs 20,000. Cash Flows: Yr 1 $6,000 Yr 2 $7,000 Yr 3 $7,000 Yr 4 $7,000 WACC-13% What is the payback period? Select one: O a. 4 years. Ob. 2 years. c. 3 years. Od. 2.5 years.

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