The Shif project has all positive cash flows for all 7 years of its life.Its discounted pay-back period is 5.5 years, and undiscounted pay-back period is 5 years.

If the payment on the seventh year (the last year) of the project increases from $100 to $200, then

I. The discounted pay back period will be shorter than 5.5 years.

II. The ordinary (undiscounted) pay-back period will not change.

		II only
		None of the above
		I and II
		I only