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Garner Inc  Year 0123 Canh tlows −$350200200200\begin{array} { c c c c c } \text { Year } & 0 & 1 & 2 & 3 \\\text { Canh tlows } & - \$ 350 & 200 & 200& 200\end{array}

Question 24

Multiple Choice

Garner Inc. is considering a project that has the following cash flow data. What is the project's payback?
 Year 0123 Canh tlows −$350200200200\begin{array} { c c c c c } \text { Year } & 0 & 1 & 2 & 3 \\\text { Canh tlows } & - \$ 350 & 200 & 200& 200\end{array}


A) 1.42 years
B) 1.58 years
C) 1.75 years
D) 1.93 years
E) 2.12 years

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