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4 pts Question 15 an investment opportunity that requires an initial cash outflow of $150,000. Seatles required rate of returm is 10 percent The investment

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4 pts Question 15 an investment opportunity that requires an initial cash outflow of $150,000. Seatles required rate of returm is 10 percent The investment will yield cash flows of $30,000 per year in Years 1 through 4, $35,000 per year in Years 5 through 9, and $40,000 in Year 10. Assame the cash flows occur evenly during the year. What is the traditional payback period for this investment? O 5.23 years

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