An investment project provides cash inflows of $675 per year for eight years.

An investment project provides cash inflows of $675 per year for eight years. a. What is the project payback period if the initial cost is $1,500? (Enter O if the project never pays back. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. What is the project payback period if the initial cost is $3,400? (Enter O if the project never pays back. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) c. What is the project payback period if the initial cost is $5,600? (Enter O if the project never pays back. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) a. years Payback period b. Payback period Payback period years C. years