Question: Project 2 has the cash-flows given in the table below. WACC = 12% Period project 2 0 -$100.00 1 $10.00 2 $20.00 3 $30.00 4

Project 2 has the cash-flows given in the table below.

WACC = 12%
Period project 2
0 -$100.00
1 $10.00
2 $20.00
3 $30.00
4 $40.00
5 $40.00
6 $40.00

What is the payback period for Project 2?

Group of answer choices

0.0000

4.0000

3.5937

2.6000

3.2000

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