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project that requires an initial investment of $100,000 and generates the following cash flows: YEAR CASH FLOWS 1 30,000 2 35,000 3 40,000 4 20,000

project that requires an initial investment of $100,000 and generates the following cash flows:

YEAR CASH FLOWS
1 30,000
2 35,000
3 40,000
4 20,000
5 19,000

If the cost of capital is 8.5% have a discounted payback period of _______________

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3.856 years

2.875 years

3.665 years

2.856 years

3.875 years

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