Question: Based on the information in the table, what is the payback period for Project A? Cash Flows Year Project A 0 -$250.00 1 $85.00 2
Based on the information in the table, what is the payback period for Project A?
Cash Flows
Year Project A
0 -$250.00
1 $85.00
2 $25.00
3 $150.00
4 $70.00
WACC = 5.00%
Group of answer choices
3.2267 years
3.0507 years
2.6667 years
2.9333 years
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