Due Thursday by 9am Points 100 Submitting an external tool Available Mar 2 at 12am - Apr 29 at 9am about 2 months Seve BUS 3453 1EC MANAGERIAL FINANCE Yesenia Garcia & Homework: Chapter 10 Problem Set Score: 0 of 8 pts 5 of 12 (1 complete HW Score: 9%, 9 of 100 pts P10-1 (similar to) Question Help Payback period The Ball Shoe Company is considering an investment project that requires an initial investment at 5569,000 and retums after tax cash low of $1,221 per year for 10 years. The firm has a maximum acceptable payback period of 8 years a. Determine the payback period for this project. b. Should the company accept the project? a. The payback period for this project is years . (Round to two decimal places) Enter your answer in the answer box and then click Check Answer COBAL 1 port remaining Next Previous