TABLE 4
Project	Year 0	Year 1	Year 2	Year 3	Year 4	Year 5
	Cash Flow	Cash Flow	Cash Flow	Cash Flow	Cash Flow	Cash Flow
A	-15000	6000	7000	6000	6000	6000
B	-15000	7000	7000	7000	7000	7000
C	-18000	12000	2000	2000	2000	2000

1. "Consider the cash flow of the three projects depicted in Table 4. The cost of capital is 7.5%. If an investor decided to take projects with a payback period of 2 years or less, which of these projects would he take?"

   		A) Investment A
   		B) Investment B
   		C) Investment C
   		D) none of these investments