WACT 1001_MUICE 1001 Finance 1A/ Assessments Online Quiz 5 (Week 6) Albury Company is adding a new assembly line at a cost of $8.5 million. The company expects the project to generate cash flows of $2 million, $3 million, $4 million, and $5 million over the next four years. Its cost of capital is 16 percent. What is the payback period for this project (rounded to one decimal place)? Select one: O A. 2.8 years OB.29 years O C.3.1 years OD.3.4 years Next pa