3. You are considering three independent projects: A, B, and C. Given the following free cash flow information, calculate the payback period for each. Required rate of return is 9%. (1 Mark) If you require a 3-year payback before an investment can be accepted, which project(s) would be accepted? (0.5 Mark) Project Year UAWNO (1,000) 300 400 250 125 125 Project (9,000) 4,000 2,000 2,000 3,000 5,000 Project (4,000) 1,100 1,800 2,200 2,800 3,200