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evaluating a project that will cost $541,000​, but is expected to produce cash flows of $129,000 per year for 10 ​years, with the first cash flow in one year. Your cost of capital is 10.8% and your​ company's preferred payback period is three years or less. a. What is the payback period of this​ project? The payback period is _____years. ​(Round to two decimal​ places.) b. Should you take the project if you want to increase the value of the​ company? If you want to increase the value of the company you (will/will not) take the project since the NPV is (positive/negative)

evaluating a project that will cost $541,000​, but is expected to produce cash flows of $129,000 per year for 10 ​years, with the first cash flow in one year. Your cost of capital is 10.8% and your​ company's preferred payback period is three years or less. a. What is the payback period of this​ project? The payback period is _____years. ​(Round to two decimal​ places.) b. Should you take the project if you want to increase the value of the​ company? If you want to increase the value of the company you (will/will not) take the project since the NPV is (positive/negative)

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3. You are evaluating a project that will cost $541,000​, but is expected to produce cash flows of $129,000 per year for 10 ​years, with the first cash flow in one year. Your cost of capital is 10.8% and your​ company's preferred payback period is three years or less.
 
a. What is the payback period of this​ project?
The payback period is _____years. ​(Round to two decimal​ places.)
 
b. Should you take the project if you want to increase the value of the​ company?
If you want to increase the value of the company you (will/will not) take the project since the NPV is (positive/negative)
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