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

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 A . - 100 40 50 60 NA B -73 40 40 40 40 Discount Rate 0.14 0.14 The payback period for project B is closest to O A. 1.5 years OB. 16 years O C. 1.8 years OD. 2 years

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