Question 3 (1 point) A project has an initial cost of $1,900. The cash inflows are $0, $500, $900, and $700 over the next four years, respectively. What is the payback period? O A) 2.98 years O B) never ( C) 3.11 years O D) 2.71 years O E) 3.71 years Question 4 (1 point) Annmarie is considering a project which will produce cash inflows of $1,200 a year for 6 years. The project has a 15 % required rate of return and an initial cost of $3,400. What is the discounted payback period? O A) 4.13 years ( B) 2.83 years O C) 3.96 years O D) 2.92 years O E) 3.99 years