eBook H Problem Walk-Through Project L requires an initial outlay at t= 0 of $69,000, its expected cash inflows are $15,000 per year for 8 years, and its WACC is 9%. What is the i project's payback? Round your answer to two decimal places. years Grade It Now Save & Continue eBook Problem Walk-Through Project L requires an initial outlay at t= 0 of $70,000, its expected cash inflows are $16,000 per year for 9 years, and its WACC is 13%. What is the project's discounted payback? Do not round intermediate calculations. Round your answer to two decimal places. years Grade it Now Save & Continue Continue without saving eBook A firm with a WACC of 10% is considering the following mutually exclusive projects: 0 1 2 Project 1 -$350 $45 Project 2 -$600 $200 Which project would you recommend? 3 4 5 $45 $45 $240 $240 $200 $100 $100 $100 Select the correct answer. Oa. Both Projects 1 and 2, since both projects have NPV's > 0. Ob. Both Projects 1 and 2, since both projects have IRR's > 0. Oc. Project 2, since the NPV> NPV. Od. Neither Project 1 nor 2, since each project's NPV NPV