Given the following information and assuming straight-line depreciation to zero, what is the PAYBACK PERIOD for this project? Initial investment = $75, life = 5 years; net income = $5 per year; salvage value = $10 in year 5; discount rate = 20%; assume no tax rate. O Between 4 and 5 years Between 2 and 3 years O The payback period is greater than the project's life Between 3 and 4 years Between 1 and 2 years