Sod Property Associates (PA) is considering the purchase of an apartment complex. The company has the opportunity to purchase a complex at a cost us $1300000 plans to incur $4700,000 of renovation cost. The investment is expected to return a net cash inflow of $10,500,000 per year. The payback period u the meeste complex is Muluple Choice 1.6 years 0.5 years. 2.0 years The answer cannot be determined from the information provided