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need it in 20 min please Waco Coastlands Company is considering the purchase of land and the construction of a new plant. The land, which

need it in 20 min please
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Waco Coastlands Company is considering the purchase of land and the construction of a new plant. The land, which would be bought immediately (at t=0 ), has a cost of $100,000 and the building, which would be erected at the end of the first year (t= 1), would cost $200,000. From Year 2 through 5 , it is estimated that the firm's cash flow will be $125,000 each year. What is the project's discounted Payback period if it requires a 14 percent return on the project? 4.32 years 3.80 years 3.42 years 4.15 years

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