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305 Intro You are evaluating an investment project costing $11.100 initially. The project will provide $3,000 in after-tax cash flows in the first year and

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305 Intro You are evaluating an investment project costing $11.100 initially. The project will provide $3,000 in after-tax cash flows in the first year and 85.000 each year thereafter for 4 years The maximum payback period for your company is 3 years Your company's cost of capital is 10%. IB Attempt 1/2 for 10 pts. Part 1 What is the payback period for this project? 2+ decimals w Submit Part 2 Attempt 1/2 for 10 pts. Should your company accept this project based on the payback period criterion? No Yes Submit 8 Attempt 1/2 for 10 pts. Part 3 What is the discounted payback period for this project? 2+ decimals Submit 2+ decimals Submit Part 4 Attempt 1/2 for 10 pts Should your company accept this project based on the discounted payback period criterion? Yes No Submit

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