You are considering an investment which has the following cash flows. If you require a four year payback period, should you take the investment?

CF0 = -$70,000

CF1 = $10,000

CF2 = $20,000

CF3 = -$25,000

CF4 = $40,000

CF5 = $40,000

CF6 = $20,000

A) Yes, the payback is 2.625 years.

B) Yes, the payback is 3.375 years.

C) No, the payback is 4.625 years.

D) No, the payback is 5.500 years.

E) None of the above.