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A firm is considering investing in project A. The engineers in the project task force worked with finance member of the task force to derive

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A firm is considering investing in project A. The engineers in the project task force worked with finance member of the task force to derive the cash flows related to this project. Based on the risk of the project the required rate of return or the discount rate is 9%. Project A's cash flows are: Today, Time 0: S(100,000) End of year 1: $35,000 End of year 2: $35,000 End of year 3: $35,000 End of year 4: $35,000 Find the simple payback period of the project O A 286 years OB. 1.9 years O C. 1.5 years OD.3.30 years O E None of he above

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