Question 3 (1 point) Which of the following statements regarding investment in working capital is incorrect? working capital is recovered at the end of the project. investment in working capital, unlike investment in plant and equipment, represents a positive cash flow. the cash flow is measured by the change in working capital, not the level of working capital. the working capital may change during the life of the project. Question 4 (1 point) A company is considering a 5-year project with an initial investment of $90,000. Cash inflows will be $30,000 for the first two years and $25,000 for the next 3 years. If the company's required rate of return is 12%, determine its discounted payback. 04.00 years 3.60 years 4.40years 3.80 years