3 Three potential investments projects (A, B, and C) at Clouse Corporation all require the same initial investment, have the same useful life (three years), and have no expected salvage value. The expected net cash inflows for these projects appear below: Project A Project B Project C Year 1 $7,000 $8,000 $9,000 Year 2 $8,000 $8,000 $8,000 Year 3 $9,000 $8,000 $7,000 Given the information above, select the correct answer from the statements below. all three projects will have the same payback period the net present value of project C will be the highest the cost of capital needs to be known in order to calculate the internal rate of return for project B two of the above statements are correct all of the above statements are correct none of the above statements are correct