There is a project with the following cash flows Cash Flow Year -$29,600 8,700 8,550 7,950 6,800 1 2 4 What is the payback period? Multiple Choice 2.45 years 3.65 years 4.00 years 3.88 years 3.95 years Filter Corp. has a project available with the following cash flows: Year Cash Flow -$14, 200 7,100 8,400 3,100 2,700 0 2 What is the project's IRR? Multiple Choice 22.86% 24.77% 26.67% 25.40% 23.81%