Question: Consider the following two projects. Project Year 0 Year 1 Year 2 Year 3 Year 4 Cash Flow Cash Flow Cash Flow Cash Flow Cash
Consider the following two projects. Project Year 0 Year 1 Year 2 Year 3 Year 4 Cash Flow Cash Flow Cash Flow Cash Flow Cash Flow - 100 40 50 60 N/A - 73 30 30 30 A B Discount Rate 0.15 0.15 30 The payback period for project B is closest to: O A. 2.2 years OB. 2.4 years O C. 2.7 years OD. 1.9 years
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