what is the payback period for a project with the cash flows shown below? cash flows after year 0 are assumed to be end of year cash flows.

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What is the payback period for a project with the cash flows shown below? Cash flows after Year 0 are assumed to Year 0 cash flow =80,000 Year 1 cash flow =26,000 Year 2 cash flow =28,000 Year 3 cash flow =20,000 Year 4 cash flow =29,000 Year 5 cash flow =22,000 Year 6 cash flow =25,000 Select one: a. 5.91 b. 4.12 c. 4.49 d. 5.28 e. 5.02 f. 3.91