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Poder Inc Is Considering a Project That Has the Following Cash

Question 43

Multiple Choice

Poder Inc. is considering a project that has the following cash flow data. What is the project's payback?
 Year 0123 Cash flows −$750$300$325$350\begin{array} { l c c c c } \text { Year } & 0 & 1 & 2 & 3 \\ \text { Cash flows } & - \$ 750 & \$ 300 & \$ 325 & \$ 350\end{array}


A) 1.91 years
B) 2.12 years
C) 2.36 years
D) 2.59 years
E) 2.85 years

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