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Year Expected net cash flows 0 -90 1 60 2 40 3 20 The project's cost of capital is 10%. What is the project's payback

Year Expected net cash flows
0 -90
1 60
2 40
3 20

The project's cost of capital is 10%.

What is the project's payback period?

A) 1.7 years

B) 1.2 years

C) 3 years

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