A project costs $ 22,000 today (at t = 0) and is expected to generate cash flows of $5,500 per year for the next 20 years (t =1 to t = 20). The firm has established a payback benchmark of 5 years or less to accept a project. Should this project be accepted, and why? Hint: Notice that all positive cash flows have the same value of $5,500 No, since the project exhibits a PB = 6.5 years No, since the project exhibits a PB = 6 years Yes, since the project exhibits a PB = 4.5 years O Yes, since the project exhibits a PB = 4 years