Project Leonardo costs $125,000 and is expected to produce cash flows of $26,000 per year for 6 years. If the company's WACC is 4%, what is the net present value (NPV) of the project? $9,698 (B) $11,296 (C) $12,272 (D) 515,564 $16,590 Project Nemesis has an upfront cost of $80,000 and will generate cash flows of $28,000 per year for the next 5 years. What is the project's payback period? 2.67 years (B) 2.86 years 3.04 years (D) 3.42 years 3.93 years