2. Given the cash flows of four projects, A, B, C and D as: Year Project A (RM) Expected Net Cash Flow Project B (RM) Project C (RM) Project D (RM) (25,000) (45,000) (100,000) 0 (10,000) 1 4,000 2,000 10,000 40,000 2 4,000 8,000 15,000 30,000 3 3 4,000 14,000 20,000 20,000 4 4,000 20,000 20,000 10,000 5 4,000 26,000 15,000 0 Table 3 Using the Payback Period decision model, which projects do you accept and which projects do you reject with a three year cut-off period for recapturing the initial cash flow? Show all of your calculations. (20) (Total: 20)