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Wells 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:

Wells 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:

-$1,010

$480

$480

$480

a 2.00 yrs

b. 3.00 yrs

c 2.25 yrs

d. 2.10 yrs

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