A project costs $150MM and has cash flows of $108MM in year 1 and $116.6MM in year teo. The company's weighted avorage cost of capital is 8\%g. What is the project's moditied intemal rate of return? 47.23%1237%31.23%24.70% QUESTION 19 A project has a cost of $1,000,000 and la expected to protuce benefits (cashfows) of $300,000 per year for 5 years. The oompan/s weighised average cost of casizal it 12%. What is the payback period of the project? 275 years 3.33 years 4.12 years 4,52 years QUESTION 20 A project has a cost of $1,000,000 and is expected to peoduce benefits (canhfows) of $3%0,000 per year for 5 years. The corncany/s we'ghted averaza cost af capial ia 12\%. What is the diecounted paytack period of the propert? 2.76 years 4. 12 yoara 4 12 years 3.93 years