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Consider the following two projects: Project Year 0 Cash Flow Year 1 Cash Flow Year 2 Cash Flow Year 3 Cash Flow Year 4 Cash
Consider the following two projects:
| Project | Year 0 Cash Flow | Year 1 Cash Flow | Year 2 Cash Flow | Year 3 Cash Flow | Year 4 Cash Flow | Discount Rate |
| A | 100 | 40 | 50 | 60 | N/A | 0.11 |
| B | 73 | 20 | 20 | 20 | 20 | 0.11 |
The payback period for project B is closest to:
A.
3.3
years
B.
2.9
years
C.
4
years
D.
3.7
years
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