Payback period The Bal Shoe Company is considering an investment project that requires an initial investment of $562,000 and returns after-tax cash inflows of $76,497 per year for 10 years. The firm has a maximum acceptable payback period of years. a. Determine the payback period for this project. b. Should the company accept the project? The payback period for this project is yours. (Round to two decimal places.) ins Enter your answer in the answer box and then click Check Antwer. Clear Check Aw 1 par remaining Sot P10-5 (book/static) Question Help NPV Calculato the net prosent value (NPV) for a 15-year project with an initial investment of $1,000,000 and a cash irflow of $150,000 per year. Assume that the firm has an opportunity cost of 9% Comment on the acceptability of the project. The project's not present value is $ (Round to the nearest cent.) Enter your answer in the answer box and then click Check Answer Clear All Chuck Arrow part remaining