Question 23 (4 points) Music Company is considering investing in a new project. The project will need an initial investment of $2,400,000 and will generate $900,000 for 4 years after-tax cash flows per Jane, the new analyst, or it will generate $1,200,000 after-tax cash flows for 3 years per Barbara, the more experienced analyst. The required payback period is 3 years. Calculate the payback for both. OA) 3 years and 2 years. O B ) 4 years and 3 years OC) 3 years and 2.67 years OD) 2.67 years and 2 years E) 2.67 years and 4 years