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A convenience store owner is contemplating puting a large neon sign over his store. It would cost $50,000, but is expected to bring an additional

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A convenience store owner is contemplating puting a large neon sign over his store. It would cost $50,000, but is expected to bring an additional $24,000 of profit to the store every year for five years. Would this project be worthwhile it evaluated using a payback period of two years or less and if the cost of capital is 10%? O A No, since the value of the cash flows over the first two years are less than the initial investment 08. Yes, since the cash flows after two years are greater than the initial investment. OC. Yes, since the value of the cash fows into the store, in present dollars, are greater than the initial investment. OD. Yes, since it will pay back its initial investment in two years

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