A project has an initial cost of $6,500. The cash inflows ar

Assignment Help Finance A project has an initial cost of $6,500. The cash inflows ar

Finance

A project has an initial cost of $6,500. The cash inflows ar

A project has an initial cost of $6,500. The cash inflows are $900, $2,200, $3,600, and $4,100… Show more A project has an initial cost of $6,500. The cash inflows are $900, $2,200, $3,600, and $4,100 over the next four years, respectively. What is the payback period? Please show work. Options: a) 1.73 years b) 2.51 years c) 2.94 years d) 3.51 years • Show less

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