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Consider the following two projects: Discount Rate Project Year 0 Cash Flow -100 -73 Year 1 Cash Flow 40 30 30 Year 2 Cash Flow

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Consider the following two projects: Discount Rate Project Year 0 Cash Flow -100 -73 Year 1 Cash Flow 40 30 30 Year 2 Cash Flow 50 30 Year 3 Cash Flow 60 30 Year 4 Cash Flow N/A 30 .15 B The payback period for project B is closest to: Select one: A.2.2 years B.2.5 years C.2.4 years D. 2.0 years

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