Eusmel Inc. is considering a project that has the following cash flow data. What is the project's payback? Year Cash flows O a. 1.57 years O b. 1.40 years c. 2.67 years d. 1.67 years O e. 2.33 years -$450 1 $150 2 $210 3 $270

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Susmel Inc. is considering a project that has the following cash flow data. What is the project's payback?
Year
Cash flows
O a. 1.57 years
b. 1.40 years
c. 2.67 years
d. 1.67 years
e. 2.33 years
-$450
1
$150
2
$210
3
$270
Transcribed Image Text:Susmel Inc. is considering a project that has the following cash flow data. What is the project's payback? Year Cash flows O a. 1.57 years b. 1.40 years c. 2.67 years d. 1.67 years e. 2.33 years -$450 1 $150 2 $210 3 $270
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