Time Remaining: 02 24 31 10 thru 12 This Question: 2 pts 19 of 29 (18 complete) ? his Test: 100 pts er Redwood Corporation is considering two alternative investment proposals with the following data op Investment Useful life Estimated annual net cash inflows for 8 years Proposal XProposal Y $467,000 8 years 840,000 8 years ear $120,000 $60,000 Req Residual value al X $76,000 10% How long is the payback period for Proposal X? Depreciation method Required rate of returr Straight-line Straight-line 7% O A. 11.05 years nativ ts OB. 14 years O C. 7.78 years D. 7 years Click to select your answer Highpght All Match Case Whole Words l of 1 match ^ ? more units than anticipated 9:34 P ALTEC