Investment A: Year: Cash flow: 0 - $14,000 1 $6,000 2 $6,000 3 $6,000 4 $6,000 5 $6,000 Investment B: Year: 0 1 2 3 5 Cash flow: - $15,000 $6,000 $6,000 $6,000 $6,000 $6,000 Investment C: Year: 0 2 5 Cash flow: - $18,000 $12,000 $3,000 $3,000 $3,000 $3,000 The cash flows for three projects are shown above. The cost of capital is 8.5%. If an investor decided to take projects with a payback period two years or less, which of these projects would he take? 2 A. Investment A B. Investment B OC. Investment C D. none of these investments