Wyour company's Investing in a new project that costs $50,000, is expected to pay $9,700 per year for the next nine years in cash flows, and has a cost to fund all projects (borrowing rate) of 1.550%, which of the following is correct if the company's decision criteria for payback period is 5,708 years? Multiple Choice The payback period 842 years and the company should reject the project Thu payback period u 8.00 years and the company show reject the project The payak Merlot w XA2 yeon and the company that occur The payback period 6.00 years and me coronny host accept the project