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Use the information to answer the following questions. A company is analyzing an independent project, S, whose cash flows are shown below: Year o Year

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Use the information to answer the following questions. A company is analyzing an independent project, S, whose cash flows are shown below: Year o Year 1 Year 2 Year 3 Year 4 Cashflow -100 60 40 20 10 The company's cost of capital is 12%, and it can get an unlimited amount of capital at that cost. What is the payback period for Project S? Select one: O a 2.99 years Ob. 2.17 years OC. 2.67 years Od 3.20 years O e. 2.00 years

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