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Lloyd Enterprises is considering an investment project with the following cash flows: Year Cash Flow 0 -$100,000 1 40,000 2 90,000 3 30,000 4 60,000

Lloyd Enterprises is considering an investment project with the following cash flows:

Year Cash Flow

0 -$100,000

1 40,000

2 90,000

3 30,000

4 60,000

The company has a 10% cost of capital. What is the projects discounted payback period?

A. 1.14 years

B. 2.11 years

C. 1.67 years

D. 3.098 years

E. 1.86 years

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