Question: 1) ABC Co. is considering a project that has the following cash flow data. What is the project's payback? Year 0 1 2 3 4
1) ABC Co. is considering a project that has the following cash flow data. What is the project's payback?
| Year | 0 | 1 | 2 | 3 | 4 | 5 |
| Cash flows | ($1,100) | $300 | $310 | $320 | $330 | $340 |
please show excel calculation
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