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Consider an investment project that requires a $ 9 0 0 , 0 0 0 investment and has cash flows of $ 2 0 0

Consider an investment project that requires a $900,000 investment and has cash flows of $200,000 each year for 10 years. With a discount rate of 10 percent, what are the payback and discounted payback periods?
Multiple Choice
4.5 years and 6.3 years
5.0 years and 7.3 years
4.5 years and never
Never and 6.5 years.
None of the answers are correct.
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