The following information is relevant to questions 8.7 and 8.8 A company is considering two alternative investment projects. The estimated net cash flows from each of the projects are given below. The company's cost of capital is 9%. YearCash Flow Alternative 1Alternative 2 0 Initial investment (900,000) (1,100,000) 1 Net cash inflow 200,000 100,000 2 Net cash inflow 300,000 200,000 3 Net cash inflow 400,000 400,000 Net cash inflow 200,000 600,000 5 Net cash inflow 200,000 500,000 8.7 What is the difference, to the nearest whole month, in the payback period for the two alternatives? Select one: O A. 8 months O B. 3 years 8 months O C. 3 years 0 months O D. 4 years 0 months 8.8 What is the net present value of Alternative 2