Question 4 (25 Marks) Excellence Through Knowledge Limited (ETK) is considering two projects in Latin America. The initial capital outlay for each project is US $75,000. The cost of capital for the company is 9%. The cash flow for each project are detailed in the table below. Year Restaurant Landscaping $ $ Initial Outlay (75,000) (75,000) 72345 1 25,000 36,000 0 21,000 32,000 0 20,000 12.000 23,000 31,000 Calculate each project's Payback period (4 marks)