1 2 3 4 Investment A: Year: 0 5 Cash flow: - $14,000 $5,500 $5,500 $5,500 $5,500 $5,500 0 1 2 3 4 Investment B: Year: 5 Cash flow: $6,000 - $15,000 $6,000 $6,000 $6,000 $6,000 1 2 3 4 Investment C: Year: 0 5 Cash flow: - $18,000 $3,500 $12,000 $3,500 $3,500 $3,500 The cash flows for three projects are shown above. The cost of capital is 7.5%. If an investor decided to take projects with a payback period two years or less, which of these projects would he take? A. Investment A B. Investment B C. Investment C D. none of these investments