Determine the payback period in years for a project that costs $65,000 and would yield after-tax cash flows of $13,000 the first year, $15,000 the second year, $18,000 the third year, $20,000 the fourth year, $24,000 the fifth year, and $30,000 the sixth year. Question 7 options: 3.95 3.33 3.73 3.20 4.16

Determine the internal rate of return for a project that costs $298,000 and would yield after-tax cash flows of $28,000 per year for the first 5 years, $36,000 per year for the next 5 years, and $49,000 per year for the following 5 years.

Question 5 options:

	8.11%
	6.84%
	7.65%
	6.58%
	8.54%