PAYBACK PERIOD Project costs $55,000, its expected cash inflows are $12,000 per year for 9 years, and its WACC is 12%. What is the project's payback? Round your answer to two decimal places years NPV A project has annual cash flows of $4,000 for the next 10 years and then $6,000 each year for the following 10 years. The IRR of this 20-year project is 12.91%. If the firm's WACC IS 10%, what is the project's NPV? Round your answer to the nearest cent. Do not round your intermediate calculations