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in new equipment costing $165,000. The equipment will be depreciated on a straight-line basis over a five-year life and is STO O the rst year,

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in new equipment costing $165,000. The equipment will be depreciated on a straight-line basis over a five-year life and is STO O the rst year, 45 000 te second year and ses ooo every year thereaner unt the fifth year what is the payback pe od for this investment? The equipment has no esita' at e to generate net cash inflows of O A. 3.77 years B. 1.39 years Oc. 242 years O D. 2.77 years 80 6 2 0 tab

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