Multiple Choice
A company is evaluating three possible investments. Following information is provided by the company. 
What is the payback period for Project A? (Assume that the company uses the straight-line depreciation method.)
A) 3.0 years
B) 2.0 years
C) 4.0 years
D) 5.0 years
Correct Answer:
Verified
Correct Answer:
Verified
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