Question: 19. La-Rouge Inc. is considering a project that has the following cash flow data. What is the project's payback? Year: 0 1 2 3 Cash

 19. La-Rouge Inc. is considering a project that has the following

19. La-Rouge 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: $1,250 $500 $500 $500 a) 1.86 years b) 2.30 years O c) 2.50 years d) 2.07 years e) 2.78 years

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