What is the project payback period

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Given the following cash flows, what is the project's payback period?

Year 0: -100

Year 1: 40

Year 2: 40

Year 3: 50

Year 4: 50

Select one:

a. 3 years

b. 2 years

c. 2.8 years

d. 2.4 years

Reference no: EM132535093

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