SECTION B: [SKI: 2 X 5Marks = 10 Marks] 1. What is the payback period on each of the following projects? [SK1: 5 Marks] Project Co -8,000 -2,000 -6,000 Cash Flows, S a IC CICA +1,000 +1,000 +2,000 +6,000 0 1 +1,000 +1,500 +3,000 +2,000 +4,000 +1,000 +5,000 | 2. Given that you wish to use the payback rule without you accept? (SK1: 5 Marks] period of three years, od ot three years, which projects would