The Cash Payback Period Is

The cash payback period is:

A) The number of years needed on an investment for the after-tax cash flows to equal the original investment
B) The number of years of positive after-tax cash flows needed to make the net present value of an investment equal 0.
C) The number of years of positive after-tax cash flows, discounted to the present period, needed to equal the original investment
D) The total time that an investment will return positive after-tax cash flows
E) None of the above