Question: Glenberry Inc. is considering a project with an initial value of $148621. Cash inflows during the next 6 years will be $41242 per year. Given

Glenberry Inc. is considering a project with an initial value of $148621. Cash inflows during the next 6 years will be $41242 per year. Given this information, what is the project's payback in years?

a.

3.60 years

b.

10.81 years

c.

4.70 years

d.

3.05 years

e.

4.25 years

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