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Question
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 -$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
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