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	0.13
B	73	30	30	30	30	0.13

The payback period for project B is closest to:

years

A.

2.4 YEARS

B.

1.9

years

C.

2.7

years

D.

2.2

years