Question: Use the following information to answer question 28-34. Below are the estimated cash flows for two mutually exclusive projects for a company, The company has

Use the following information to answer question 28-34. Below are the estimated cash flows for two mutually exclusive projects for a company, The company has a WACC of 10% Year Project A Project B 0 -280 -350 1 80 205 120 160 158 60 N 3 What is the payback period for project A (pick the closest one)? O A. 3 years O B. 2 years O C. 2.35 years OD. 2.51 years O E. 1.3 years
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