7. The NPV and payback period What information does the payback period provide? Suppose you are evaluating a project with the expected future cash inflows shown in the following table. Your boss has asked you to calculate the project's net present value (NPV). You don't know the project's initiel cost, but you do know the project's regular, or conventional, payback period it 2.50 years. If the project's weighted averoge cost of capital (WACC) is 10%, the project's NPV (rounded to the nearest dollar) is: $390,471 5354,974 5425,969 $319,477 Which of the following statements indicate a disadvantage of using the regular payback period (not the discounted payback period) for capital budgeting decisions? Check all that apply. The poyback period is calculated using net income instead of cash flows. The paybeck period does not thike the project's entire tife into account. The payback period does not take the time value of money into account