1 If a firm uses the discounted payback rule to make their capital budgeting decisions, which might happen? (Indicate your multiple choice answer and explain your answer) a Positive NPV projects might be rejected. b. More liquid projects will be turned down for less liquid projects c Project decisions will be wrong due to ignoring the time value of money d. The firm will become more focused on long-term projects e The firm might take on projects that would be rejected by the payback rule 01:03:41