A firm is considering the following projects. Its opportunity cost of capital is 8%. Project Time: A B C Project A Project B Project C 1 0 -5,600 +1,150 -1,600 0 -5,600 +1,150 a-1. What is the payback period on each project? (Do not round intermediate calculations. Round your answers to the nearest whole number.) Project A Project B Project C Cash Flows, $ 0 2 3 +1,150 +3,300 +1,600 +2,300 +3,300 +1,150 +3,300 +5,600 Payback Period years years years 4 a-2. What is the discounted payback period on each project? (Do not round intermediate calculations. Round your answers to 2 decimal places. If any of the projects does not pay back on a discounted basis, enter zero ("0").) Discounted Payback Period years years years b. Given that you wish to use the payback rule with a cutoff period of 2 years, which projects would you accept? c. If you use a cutoff period of 3 years with the discounted payback rule, which projects would you accept?

A firm is considering the following projects. Its opportunity cost of capital is 8%. a-1. What is the payback period on each project? (Do not round intermediate calculations. Round your answers to the nearest whole number.) a-2. What is the discounted payback period on each project? (Do not round intermediate calculations. Round your answers to 2 decimal places. If any of the projects does not pay back on a discounted basis, enter zero ("0").) b. Given that you wish to use the payback rule with a cutoff period of 2 years, which projects would you accept? c. If you use a cutoff period of 3 years with the discounted payback rule, which projects would you accept