Susmel 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 -$475 $150 $200 $300
A. 2.42 years
B. 1.96 years
C. 2.88 years
D. 2.47 years
E. 2.85 years
Answer: A
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