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What is the payback (in years) of a project with the following cash flows? Year 0 1 2 3 Cash Flow -$100 40 40 80
What is the payback (in years) of a project with the following cash flows?
Year | 0 | 1 | 2 | 3 |
Cash Flow | -$100 | 40 | 40 | 80 |
Group of answer choices
Cannot be determined without knowing either the IRR or WACC.
2.50
2.25
1.25
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