Consider a project with the following cash flows: Year Cash Flow 0 -20,000 1 4811 2 4811 3 4811 4 4811 The payback period for this project is_years. Answer: A bond will make semiannual payments every six months as shown on the following timeline (using six-month periods): t=0 t=1 t=2 t=19 t=20 $50 $50 $50 $822 What is the face value? (Round to the nearest integer)