Question: Question 16: McGlothin Inc. is considering a project that has the following cash flow data. What is the project's payback? Year 0 1 2 3

Question 16:

McGlothin 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

$1,150

$500

$500

$500

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