Question: Poder Inc. is considering a project that has the following cash flow data. What is the project's payback? Year 0 1 2 3 Cash flows
Poder Inc. is considering a project that has the following cash flow data. What is the project's payback?
| Year | 0 | 1 | 2 | 3 |
| Cash flows | -$740 | $335 | $360 | $385 |
Group of answer choices
1.87 years
1.75 years
2.50 years
2.12 years
2.29 years
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