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A firm requires a payback period of 2 years or less. According to the payback period rule, which of the following projects is acceptable to

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A firm requires a payback period of 2 years or less. According to the payback period rule, which of the following projects is acceptable to this firm? Year Project A Project B Project C 0 -$114 -$189 -$60 1 30 40 100 2 40 20 -50 50 10 4 60 130 3 co a. If you use payback period as a decision rule, you would choose O(No answer given) Project B OProject A Project C

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