m - Requires Respo 0 Time Left:1:57:56 Evan Covington: Attempt 1 Blanchford Enterprises is considering a project that has the following cash flow data. What is the project's payback period? Year: o 1 2 3 Cash flows: -$1,000 $500 $500 $500 a) 2.50 years b) 1.50 years c) 2.00 years Od 2.25 years e) 1.75 years Question 19 (1 point) XYZ Enterprises is considering a project that has the following cash flow data. What is the project's payback period? Year: 0 1 2. 3 Cash flows: -$1,000 $500 $300 $400 a) 2.50 years