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Consider the following two projects: Project Year 0 Year 1 Year 2 Year 3 Year 4 Cash Flow Cash Flow Cash Flow Cash Flow Cash

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Consider the following two projects: Project Year 0 Year 1 Year 2 Year 3 Year 4 Cash Flow Cash Flow Cash Flow Cash Flow Cash Flow -100 50 90 NA -73 30 30 30 30 40 A B Discount Rate 0.14 0.14 The payback period for project A is closest to: O A. 2.1 years B. 1.9 years O c. 2.5 years O D. 2.3 years

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