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

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Consider the following two projects: Project Year Year 1 Year 2 Year 3 Year 4 Cash Flow Cash Flow Cash Flow Cash Flow Cash Flow - 100 40 50 70 - 73 30 30 30 30 Discount Rate 0.11 0.11 B The payback period for project A is closest to: O A. 2.1 years B. 2.6 years OC. 2.4 years OD. 1.9 years

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