Use the following nformation for Questions 15-16: following projected cash flows: Yada Yada Co. is considering a project that has the CF CFA CFS S7500 S7,500 500 Is7,500 $27,000 S7.500 15. What is the payback period for this project (rounded to two decimal places)? a. 5.00 years b, 3.60 years c. 3.17 years d. 2.56 years 16 is what is the discounted payback period for this project (rounded to two decimal places)? a. 5.00 years b. 4.84 years c. 4.16 years d. 3.60 years 17. Conceptual flaws of the payback method include: a. It ignores the time value of money. b. flows that occur nd the payback year are for projects difficult to know how to make the decision an acceptable evaluated using the payback method; that is, the choice of payback period is arbitrary. d. conceptual flaws of the payback method 18. Following is selected information about a project's cash flows: CF CF1 CF2 CF3 $11,000 $15,000 $8,000 $6,000 The IRR of this project is 14.26%. If the WACC for the project is 11%, what is the project's NPV (rounded to the nearest $1)? a. $3,219 b. $1,886 C. d, -$2,108