Question: 10:08 14 Your answer 6 points 9. Consider a project with the following cash flows. The owner will accept it only if he recovers his

 10:08 14 Your answer 6 points 9. Consider a project with

10:08 14 Your answer 6 points 9. Consider a project with the following cash flows. The owner will accept it only if he recovers his initial investment of 5,000 in the first three years. Answer the questions 9a) and 9b). 9a) Calculate the Payback period for the project. Year Cash flow 0 -5,000 1 2,000 2 1,500 3 1,000 4 1,000 5 1,200 Your answer 96) Should the project be accepted? 4 points If yes, why so and no, why so? Your answer TIL

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