Poder Inc. is considering a project that has the following cash flow data. What is the project's payback?
Year0
1
2
3
Cash flows?$750
$300
$325
$350
A. 1.91 years
B. 2.12 years
C. 2.36 years
D. 2.59 years
E. 2.85 years
Answer: C
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