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Buy Coastal, Inc., imposes a payback cutoff of three years for its international investment projects. If the company has the following two projects available, should

Buy Coastal, Inc., imposes a payback cutoff of three years for its international investment projects. If the company has the following two projects available, should it accept either of them?

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Year 0 1 Cash Flow (A) -$60,000 23,000 28,000 21,000 8,000 Cash Flow (B) -$ 70,000 15,000 18,000 26,000 230,000 2 3 4

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