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An investment project requires an initial investment of $185,000. The project is expected to generate net cash inflows of $37,500 per year for the next

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An investment project requires an initial investment of $185,000. The project is expected to generate net cash inflows of $37,500 per year for the next five years. These cash inflows occur evenly throughout the year. Assuming a 12% discount rate, the project's payback period is? (Ignore income taxes) O A. 0.20 years 4.93 years O B. 3.61 C. years 4.34 years D

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