Question: Question 2 (2.5 points) A firm is considering a 4-year project shown below: 0 1 2 3 4 YEAR CASH FLOW -$1,000 $300 $300 $300

 Question 2 (2.5 points) A firm is considering a 4-year project

Question 2 (2.5 points) A firm is considering a 4-year project shown below: 0 1 2 3 4 YEAR CASH FLOW -$1,000 $300 $300 $300 $300 What is the payback for this project? 2.50 years 4.00 years 3.00 years 3.33 years

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