Question: 35. Chapter MC, Section .11, Problem 082 Resnick Inc. is considering a project that has the following cash flow data. What is the project's payback?
35. Chapter MC, Section .11, Problem 082 Resnick Inc. is considering a project that has the following cash flow data. What is the project's payback? 1 2 3 $200 $200 $200 Year 0 Cash flows -$475 a. 2.26 years Ob. 1.97 years c. 2.61 years Od. 2.38 years Oe. 2.42 years
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