Investment Juniper Corporation is considering two alternative investment proposals with the following data: Proposal X $800,000 Useful life Estimated annual net cash inflows for 9 years 9 years $105,000 Proposal Y $498,000 9 years $85,000 Residual value Depreciation method $48,000 $- Straight-line Straight-line. Required rate of return 17% 12% How long is the payback period for Proposal Y? OA. 10.38 years OB. 5.86 years OC. 16.67 years OD. 7.62 years