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Qs 2 . Consider the following two investments: table [ [ , Project x ? , Project Y ? Qs 2. Consider the following

Qs 2. Consider the following two investments:
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Qs 2. Consider the following two investments: Initial investment Year 1 cash inflow Year 2 cash inflow Project X $100,000 $60,000 $40,000 Year 3-10 cash inflows $0 Project Y $100,000 $60,000 $35,000 $25,000 Which project has the shortest payback period? a. Project X b. Project Y c. Cannot be determined

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