part a and b

You are evaluating a profect that wal cost $518,000, but is expected to produce cash flowe of $120,000 per year for 10 yean, with the frst caah fiow in one year, Your cost of capilat is 118 and your compenys preferted payback period is three years or less. a. What is the piryonock period of this project? b. Should you take the project if you want to increase the value of the company? cos a. What is the conteck benod of the project