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Question 27 5 pts You are considering buying a new truck for your small business. The cash outlaylie, cost) of the truck is $33500. Your

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Question 27 5 pts You are considering buying a new truck for your small business. The cash outlaylie, cost) of the truck is $33500. Your firm's cost of capital is 11.7%. If you buy the truck, after-tax cash flows, including depreciation would be as follows: 2 3 4 5 Cash flows $12900 - $17000 $17000 $17000 Year Calculate the project's payback period, (Provide your answer as a number with two decimal places.)

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