Oaken Music wants to launch a new record label. The payback period for the new record label would be 1.7 years and the NPV would be $450,000. Oaken Music has a required payback period of 2.5 years. Select the answer that explains what Oaken Music should do and why:

		Start the new record label because the NPV is positive
		Start the new record label because the payback period is short
		Do not start the new record label because the NPV is positive
		Do not start the new record label because the payback period is too long
		Not enough information to decide