7. The NPV and payback period What information does the payback period provide? Suppose Acme Manufacturing Corporation's CFO is evaluating a project with the following cash inflows. She does not know the project's initial cost; however, she does know that the project's regular payback period is 2.5 years. Year Cash Flow Year 1 $325,000 Year 2 $400,000 Year 3 $425,000 Year 4 $475,000 If the project's weighted average cost of capital (WACC) is 10%, what is its NPV? O $365,500 O $348,887 O $332,273 O $265,818