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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 A - 100 40 50 60 N/A B -73 30 30 30 30 Discount Rate 0.13 0.13 The payback period for project B is closest to: O A. 2.7 years OB. 2.4 years O C. 1.9 years OD. 2.2 years

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