Magi Corporation is considering an investment that will cost JD105,000 and have a useful life of 4 years. During the first 2 years, the net cash flows are JD40,000 per year and for the last two years they are JD20,000 per year What is the payback period for the investment?

501803--1 General Late stion 13 yet answered Magi Corporation is considering an investment that will cost JD105,000 and have a useful life of 4 years. During the first 2 years the net cash flows are JD40,000 per year and for the last two years they are JD20,000 per year. What is the payback period forth investment? sked out of 2.00 Flag question Select one: O a. 3.50 years O b. Cannot be determined from this information O c. 4.00 years O d. 3.25 years Nex