单选题
A project has the following cash flows (￡):
| Year 0 | Year 1 | Year 2 | Year 3 | Year 4 |
| -1,525 | 215 | 345 | 475 | 1,215 |
Assuming a discount rate of 11% annually, the discounted payback period (in years) is closest to:
【正确答案】
B
【答案解析】
B is correct. The discounted cash flows and their cumulative sum are:
