are evaluating a pro ect that wil cost$490.000. but is expected to p oduce cash fo s of $124,000 per year for 10years, with the first cash flowin one year Your cost of capital is 10 9% and your comp ny's prefer edpa period is three years or less a. What is the payback period of this project? b. Should you take the project i you want to increase the value of the company? a. What is the payback period of this project? The payback period isyears (Round to two decimal places ) b. Should you take the project if you want to increase the vakue of the company? (Select thom the drop down menus you want to increase the value of the company you I take the project since the NPV is