An investment project costs $26,800 and has annual cash flows of $7,700 for six years. What is the discounted payback period if the discount rate is four percent? Suggested Formula(s): Discounted payback period = Number of years that pass before the sum of an investment's discounted cash flows equals the cost of the investment Select one: OA. 3.83 years OB. 4.83 years OC. 2.83 years O D. 3.17 years OE. 4.17 years

An imvestment project costs $26,800 and has annual cash flows of $7,700 for six years. What is the discounted payback period if the discount rate is four percent? Suggested formula(s): Discounted payback period = Number of years that pass before the sum of an investment's discounted cash flows equals the cost of the investment Select one: A. 3.83 years B. 4.83 years C. 2.83 years D. 3,17 years E. 4.17 years