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Question 2 (10 points) A project requires an investment of $800,000 today and it will generate after-tax cash flows of $200,000 per year for the

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Question 2 (10 points) A project requires an investment of $800,000 today and it will generate after-tax cash flows of $200,000 per year for the next six years. The company's weighted average cost of capital is 13.2% per year. What is the project's payback period? 1) 2 years 2) 5 years 3) 3 years 4) 6 years 5) 4 years

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