Question: 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 150,000 today, and the firm’s cost of capital is 10 percent. Assume cash flows occur evenly during the year, 1/365^th each day. What is the payback period for this investment?