Question 9 4 pts Questions A9-A13 are based on the following information Two projects have the same time to maturity of 5 years. The projects are mutually exclusive Start-up costs are $20,000 for project (5) and $35,000 for project (L). Cost of capital is 10% for each project, Project (S) generates cash flows of $7,500 per year for 5 years. Project (1) generates cash flows of $9.500 per year for 5 years, A9. What is the payback period for project L (in number of years)? (a) 2.67 years (b) 3.43 years (3.68 years (d) 4.25 years. lel 3.95 years