Question: What is this project's payback? Year 0 1 2 3 Cash flows -$1050 $500 $525 $550 a. 2.23 years b. 2.05 years c. 2.41 years

What is this project's payback? Year 0 1 2 3 Cash flows -$1050 $500 $525 $550 a. 2.23 years b. 2.05 years c. 2.41 years d. 1.62 years e. 1.81 years
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