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Poder Inc. is considering a project that has the following cash flow data. What is...

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Question

Finance

Poder 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

-$740

$335

$360

$385

Group of answer choices

1.87 years

1.75 years

2.50 years

2.12 years

2.29 years

Answer & Explanation Solved by verified expert
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