Question: A firm is considering a 4-year project shown below: YEAR 0 1 2 3 CASH -$1,000 $500 $500 $500 FLOW What is the payback

A firm is considering a 4-year project shown below: YEAR 0 1

A firm is considering a 4-year project shown below: YEAR 0 1 2 3 CASH -$1,000 $500 $500 $500 FLOW What is the payback for this project? 3.00 years 2.50 years 3.50 years 2.00 years 4 $500

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