Question: The cash flow shown below are for a new Project WOV5. Place compute the payback period Project WOV5. Year 0 1 2 3 Cash flows
The cash flow shown below are for a new Project WOV5. Place compute the payback period Project WOV5.
| Year | 0 | 1 | 2 | 3 |
| Cash flows | -$1,075 | $500 | $500 | $500 |
Group of answer choices
2.45 years
2.15 years
2.11 years
1.70 years
1.81 years
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