Use the table for questions (A)and (40)below. Consider the following two projects:

Projec t	Year 0 Cash Flow	Year 1 Cash Flow	Year 2 Cash Flow	Year 3 Cash Flow	Year 4 Cash Flow	Discoun t Rate
A	-100	40	50	60	N/A	.15
B	-73	30	30	30	30	.15

A ). The payback period for project A is closest to: A) 2.0 years B) 2.4 years C) 2.5 years D) 2.2 years

B). The payback period for project B is closest to: A) 2.5 years B) 2.0 years C) 2.2 years D) 2.4 years