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6. A project has the following cash flows. Year0= - 14,500 , Year1= 2,200, Year2= 4,800, Year3= 6500, Year4= 7,500. What is the payback period?

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6. A project has the following cash flows. Year0= - 14,500 , Year1= 2,200, Year2= 4,800, Year3= 6500, Year4= 7,500. What is the payback period? (10 Points) A. 3.04 years B. 2.59 years C. 3.13 years D. 2.96 years

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