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This Question: 4 pts A company is evaluating three possible investments. The following information is provided by the company Project A Project B Project C

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This Question: 4 pts A company is evaluating three possible investments. The following information is provided by the company Project A Project B Project C $206,000 $52,000 $206,000 0 18,000 24000 Investment Net cash inflows Year 1 Year 2 Year 3 60,000 38,00084000 60,000 29,000 54000 60,000 25,000 64,000 60,000 22,000 24,000 Year 5 60,000 What is the payback period for Project A? (Assume that the company uses the straight-ine depreciation method Round your answer to two decimal places) O A. 500 years O B. 2.43 years O C. 1.37 years O D. 3.43 years earch

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