Juniper Corporation is considering two alternative investment proposals with the following data: Investment Proposal X $890,000 Proposal Y $514,000 Useful life Estimated annual net cash inflows for 9 years 9 years $100,000 9 years $74,000 Residual value Depreciation method $41.000 $- Straight-line Straight-line Required rate of return 15% 13% How long is the payback period for Proposal Y? A. 6.95 years OB. 8.9 years OC. 21.71 years D. 12.54 years empts of co of