Question 45 1 pts Use the following information for the following 5 questions: A capital investment project is estimated to have the following after-tax cash flows, by year Year 1 Cash Flow 2 -$60,000 3 4 $22.500 $22.500 $5,000 $15.000 The company utilizes a discount rate of 10% to evaluate capital projects. You may have rounding errors in your calculations so choose the closest answer. Assume cash flows occur evenly over the year What is this project's Payback Period? 3.33 3.67 4.00 2.67 Does not pay back in 4 years