Three investments cost $4,000 each and have the following cash flows. Rank them on the basis of their payback periods. Round your answers to one decimal place.

eBook Problem 19-05 Three investments cost $4,000 each and have the following cash flows. Rank them on the basis of their payback periods. Round your answers to one decimal place. Year A B $ 0 UW NE $ 1,700 1,700 1,700 1,700 1,700 $3,000 2,000 1,100 800 1,200 1,600 3,600 5,100 400 Payback for A: years Payback for B: 1.5 years Payback for C: years Based on the payback periods, investment BV should be chosen