Question: Haig Aircraft is considering a project that has an up-front cost paid today at t = 0. The project will generate positive cash flows of

Haig Aircraft is considering a project that has an up-front cost paid today at t = 0. The project will generate positive cash flows of $55,293 a year at the end of each of the next 7 years. The project's NPV is $89,446 and the company's WACC is 12.7%. What is the project's regular payback? 2.45 years 3.05 years 3.25 years 2.65 years 2.85 years
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