SECTION B: (SK1: 2 X 5 Marks - 10 Marks] 1. What is the payback period on each of the following projects? ach of the following projects? [SK1: 5 Marks) C T C.. C Project A B C -5,000 -1,000 -5,000 Cash Flows, S C C +1,000 +1,000 +1,000 +1,000 +1,000 +3,000 +2,000 +3,000 +3,000 +5,000 Given the following cash flows, End of Year Cash Flow (S) -$1000,000 150,000 250,000 300,000 400,000 220,000 1. What equation would a financial manager solve to determine the IRR? (SK1: 5 Marks 5 Page