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You are evaluating a project that will cost $506,000. but is expected to produce cash flow's of $121,000 per year for 10 years. with the

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You are evaluating a project that will cost $506,000. but is expected to produce cash flow's of $121,000 per year for 10 years. with the first cash flow in one year. Your cost of capital is 10.9% and your company's preferred payback period is three years or less. a. what is the payback period or this project? b. Should you lake the project if you want to increate the value of the company? a. What is the payback period of this project? The payback period is years. (Round to Tara decimal places) b. Should you take the project it you want to increase me value of me company? (Select from the drop-down menus) If you want to increase the value of the company you take the project since the NPV is

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