Question 1 1 pts A project costs $300 and has cash flows of $75 for the first three years and $50 in each of the project's last three years. What is the payback period of the project? Select the range that includes the correct answer. Less than 4 years Greater than or equal to 4 years, but less than 5 years Greater than or equal to 5 years, but less than 6 years Greater than or equal to 6 years, but less than 7 years Greater than or equal to 7 years