The payback period for this project

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Reference no: EM131878562

You are given these cash flows for an investment project:

0: -$100

1: +$30

2: +$40

3: +$40

4: +$60

5: +$50

6: +$10

The payback period for this project is _____.

a) between 4 and 5 years

b) between 5 and 6 years

c) between 2 and 3 years

d) between 3 and 4 years

Reference no: EM131878562

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