A company is considering two mutually exclusive investment opportunities, A and B. Each will require a 50,000 investment and the company will use the discounted payback method to determine which project is preferable and whether or not to go ahead with that project. The company requires that all projects should meet the requirement that the discounted payback period is no longer than 4 years and uses discount rates of 14% for project A and 15% for project B. The project cash flows are as follows: Determine (i) the project with the shortest discounted payback period and (ii) whether that project will be accepted based on the required discounted payback period. Selected answer will be automatically saved. For keyboard navigation, press up/down arrow keys to select an answer. (i) Project A has the shortest discounted payback period and (ii) the company will accept project A b (i) Project B has the shortest discounted payback period and (ii) the company will accept project B c (i) Project A has the shortest discounted payback period and (ii) the company will reject project A d Both projects should be undertaken. (i) Project B has the shortest discounted payback period and (ii) the company will reject project B