Consider the following two projects:

Project	Year 0 Cash Flow	Year 1 Cash Flow	Year 2 Cash Flow	Year 3 Cash Flow	Year 4 Cash Flow	Discount Rate
A	100	40	50	70	N/A	0.15
B	73	30	30	30	30	0.15

The payback period for project A is closest to:

A.

1.9

years

B.

2.4

years

C.

2.6

years

D.

2.1

years