Question: Consider the following two projects: Year 0 Yearl Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Discount Project C/F C/F C/F

 Consider the following two projects: Year 0 Yearl Year 2 Year

Consider the following two projects: Year 0 Yearl Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Discount Project C/F C/F C/F C/E C/F C/F C/F C/F Rate Alpha -79 2 0 25 30 35 40 N/A N/A 15% Beta -80 25 25 25 25 25 25 25 16% The payback period for project Beta is closest to: Select one: O A. 2.9 years B.3.1 years C.2.6 years D.3.2 years

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