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McGlothin Inc $\begin{array} { l c c c c } \text { Year } & 0 & 1 & 2 & 3 \\\text { Cash flows } & - \$ 1,150 & \$ 500 & \$ 500 & \$ 500\end{array}$

Question 102

Multiple Choice

McGlothin Inc. is considering a project that has the following cash flow data. What is the project's payback?
$\begin{array} { l c c c c } \text { Year } & 0 & 1 & 2 & 3 \\\text { Cash flows } & - \$ 1,150 & \$ 500 & \$ 500 & \$ 500\end{array}$

A) 1.86 years
B) 2.07 years
C) 2.30 years
D) 2.53 years
E) 2.78 years

McGlothin Inc Year 0123 Cash flows −$1,150$500$500$500\begin{array} { l c c c c } \text { Year } & 0 & 1 & 2 & 3 \\\text { Cash flows } & - \$ 1,150 & \$ 500 & \$ 500 & \$ 500\end{array} Year Cash flows ​0−$1,150​1$500​2$500​3$500​

Multiple Choice

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McGlothin Inc $\begin{array} { l c c c c } \text { Year } & 0 & 1 & 2 & 3 \\\text { Cash flows } & - \$ 1,150 & \$ 500 & \$ 500 & \$ 500\end{array}$

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