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Wells Inc. is considering a project that has the following cash flow data. What is the project's payback? Year: O 1 2 3 Cash flows:

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Wells Inc. is considering a project that has the following cash flow data. What is the project's payback? Year: O 1 2 3 Cash flows: -$1,020 $510 $510 $510 3.00 yrs a. 1.00 yr 1.50 yrs 2.00 yrs

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