A project has an initial cost of £1,900.The cash inﬂows are £0, £500, £900, and £700 over the next four years, respectively.What is the payback period?
A)2.71 years.
B)2.98 years.
C)3.11 years.
D)3.71 years.
E)None of the above.

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The Answer of A project has an initial cost of £1,900.The cash inﬂows are £0, £500, £900, and £700 over the next four years, respectively.What is the payback period?
A)2.71 years.
B)2.98 years.
C)3.11 years.
D)3.71 years.
E)None of the above.

A Project Has an Initial Cost of £1,900