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Remaining Time: 1 hour, 32 minutes, 21 seconds. Question Completion Status: A Moving to another question will save this response. Question Question 15 16 points

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Remaining Time: 1 hour, 32 minutes, 21 seconds. Question Completion Status: A Moving to another question will save this response. Question Question 15 16 points 5 An investment project requires an initial investment of 5185,000. The project is expected to generate net cash inflows of $37,500 per year for the next five years. These cas inflows occur evenly throughout the year. Assuming a 12% discount rate, the project's payback period is? (Ignore income taxes) A 0.20 years B. 4.93 years C 3.61 years 0.434 years Moving to another question will save this response Question 15 of 21 InDePacks... Faedaworker SAR 888 1 &

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