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A project with an initial investment of $ 5 0 0 , 0 0 0 has the following CF ' s for seven years: Year

A project with an initial investment of $500,000 has the following CF's for seven years: Year 1: $100,000 Year 2: $100,000 Year 3: $100,000 Year 4: $100,000 Year 5: 100,000 Year 6: $100,000 Year 7: $100,000 Assuming an interest rate of 4%, what is the discounted payback period of this project? A.5.00 years B.5.25 years C.6.00 years D.5.55 years

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