Question: #1 11. PROBLEMS (USE MS EXCEL WHEN APPROPRIATE) 1(Payback) Determine each projec's payback period: A project with an initial outlay of $5,000 results in a

11. PROBLEMS (USE MS EXCEL WHEN APPROPRIATE) 1(Payback) Determine each projec's payback period: A project with an initial outlay of $5,000 results in a single free cash flow of $10,000 after 6 a. shed months A project with an initial outlay of $5,000 results in a single free cash flow of $10,000 after 12 months A project with an initial outlay of $10,000 results in a single free cash flow of $5,000 after 5 C. years

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