A farmer is considering three alternative investments. The required rate of return is 8%. The projected cash flows of the three investments are as follows:

Year	Investment A	Investment B	Investment C
0	($100,000)	($100,000)	($100,000)
1	$5,000	$30,000	$50,000
2	$10,000	$30,000	$35,000
3	$20,000	$30,000	$20,000
4	$40,000	$30,000	$10,000
5	$60,000	$30,000	$5,000

Based on simple rate of return, which investment(s) would be acceptable?

	a.	Investment A, B, and C
	b.	Investment A
	c.	Investment B
	d.	Investment A and B