Investment A: Year: Cash flow: 0 - $14,000 Investment B: Year: 0 Cash flow: - $15,000 Investment C: Year: 0 Cash flow: - $18,000 1 $6,000 1 $5,000 1 $12,000 2 $6,000 O A. Investment A OB. Investment B O C. Investment C OD. none of these investments 2 $5,000 2 $2,000 3 $6,000 3 $5,000 3 $2,000 4 $6,000 Co 4 $5,000 4 $2,000 5 $6,000 5 $5,000 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? 5 $2,000