QUESTION 1 Choose the correct answer from the following choices and enter into the answering space below. Telco Enterprise is considering opening a new location with an initial cost of $450,0000. This location is expected to generate cash flows of $125,000, $136,000, $142,000, $150,000 and $160,000 in Years 1 to 5, respectively. What is the payback period? A. 2.67 years B. 2.85 years C.3.14 years D. 3.31 years E. 3.53 years F. 3.75 years