QUESTION 5 What is the payback period for a project with the following cash flows? Year CF 0 -$58,700 19,600 2 22,300 3 14,800 11,600 4 Never-ending 3.74 years 3.17 years 2.89 years 2.56 years. QUESTION 6 A company's preferred stock currently sells for $10.50 per share, and it pays a constant $1.50 annual dividend. What is the firm's cost of preferred stock? 10 percent. 11.22 percent 12.65 percent 13.10 percent 14.20 percent Click Save and submit to save and submit. Click Save All Answers to save all answers. Save A