Consider the following information: C4 Project A B -5,600 -1,100 -3, 700 Cash Flows ($) C1 C2 C3 1,600 1,600 2,400 1,000 2,600 500 3,200 1,100 3,600 600 a. What is the payback period on each of the above projects? (Round your answers to 2 decimal places.) Project Payback Period year(s) year(s) year(s) B b. Given that you wish to use the payback rule with a cutoff period of two years, which projects would you accept? O Project A, Project B, and Project C O Project C O Project A O Project A and Project B O None Project B and Project C O Project A and Project C O Project B c. If you use a cutoff period of three years, which projects would you accept? O Project A and Project C O Project A Project O Project B O Project B and Project C O Project A and Project B O Project A, Project B, and Project C d. If the opportunity cost of capital is 10%, which projects have positive NPVs? Project C O Project B and Project C O Project B O Project A and Project C O Project A and Project B Project A O Project A, Project B, and Project C e. "If a firm uses a single cutoff period for all projects, it is likely to accept too many shortlived projects." True or false? True O False f-1. If the firm uses the discounted-payback rule, will it accept any negative-NPV projects? Yes O No