The Seattle Corporation Has Been Presented with an Investment Opportunity

The Seattle Corporation has been presented with an investment opportunity which will yield cash flows of $30,000 per year in years 1 through 4, $35,000 per year in years 5 through 9, and $40,000 in year 10.This investment will cost the firm $100,000 today, and the firm's cost of capital is 10%.Assume cash flows occur evenly during the year.The discounted payback period is [blank].

A) 5.23 years
B) 4.26 years
C) 4.35 years
D) 3.72 years