Investment A:

Year:

0

1

2

3

4

5

Cash flow:

-$14,000

$6000

$6000

$6000

$6000

$6000

Investment B:

Year:

0

1

2

3

4

5

Cash flow:

-$15,000

$7000

$7000

$7000

$7000

$7000

Investment C:

Year:

0

1

2

3

4

5

Cash flow:

-$18,000

$12,000

$2000

$2000

$2000

$2000

The cash flows for three projects are shown above. The cost of capital is 9.5%. If an investor decided to take projects with a payback period two years or less, which of these projects would he take?

Group of answer choices

Investment A

Investment B

Investment C

none of these investments