A project is expected to have the following cash flow: Time 0: -$1,700 Time 1: $200 Time 2: $230 Time 3: $255 Time 4: $300 Time 5: $340 Time 6: $390 What is the payback period for this project? A project is expected to have the following cash flow: Time 0: -$1,700 Time 1: $200 Time 2: $230 Time 3: $255 Time 4: $300 Time 5: $340 Time 6: $390 What is the payback period for this project?

5.45 years

4.87 years

5.24 years

5.96 years