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Woodgate Inc. is considering a project with the following after-tax operating cash flows (in millions of dollars): Year Project Cashflow 0 -345 1 155 115

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Woodgate Inc. is considering a project with the following after-tax operating cash flows (in millions of dollars): Year Project Cashflow 0 -345 1 155 115 N 3 150 4 150 The project has a WACC of 10% What is the project's payback period? O 2.23 years 2.35 years 2.90 years 0 2.75 years O 2.5 years

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