ed Question 28 (19 points) Your division is considering two investment projects, each of which requires an up-front expenditure of $ 35 million. You estimate that the cost of capital is 10% and that the investments will produce the following after-tax cash flows (in millions of dollars): Project B $10 $20 $25 $25 Year Project A $20 $20 $20 $20 What is the payback period for each of the projects (Assume cash flows occur evenly during the year. 1/365th each day)? (7 points) Save w Oo