There is a project with the following cash flows: Year 1 2 3 Cash Flow -$24,100 7,000 8,100 7,100 7,700 6,600 4 5 What is the payback period? Multiple Choice 3.50 years 325 years 3.81 Living Colour Co. has a project available with the following cash flows: Year 1 2 3 Cash Flow -$35, 230 7,940 9,530 13,490 15,570 10,280 4 35 5 If the required return for the project is 7.8 percent, what is the project's NPV? Multiple Choice $9.695.91 $2,634,37 $10,803 90