Question: Consider the following projects: Cash Flows ($) Project A 4 5 2.3 0 0 1,000 B 5,600 2,800 2,800 5,800 2,800 2,800 C 7,000 2,800

Consider the following projects:

Cash Flows ($)
Project
A 4 5 2.3 0 0 1,000
B 5,600 2,800 2,800 5,800 2,800 2,800
C 7,000 2,800 2,500 0 2,800 2,800

what is payback period for project C?

A - 3.4

B - 3.6

C - 3.9

D - 3.8

E - 3.2

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