Question 1: formula, C= cost of the project ATB= annual after tax benefit of the project. Payback= ___C_ ATB

Question 1 15 Points What is the payback in years if investment cost is $70000 and the after-tax benefit is $3600? (Do not round intermediate calculations, round final answer to two decimals, i.e. 123.45) Add your answer 15 Points Question 2 Bill Preneur buys a plece of equipment for $380,000. He puts down $37,000 and finances the balance. Bill's opportunity cost is 4.2 percent and the lender's interest rate is 8.3 percent. Find the weighted average cost of capital (WACC). (Do not round intermediate calculations, round final answer to two decimals, i.e. 123.45) Add your