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Consider the following Information: Project A -5,7ee -1, wee -3,600 Cash Flows ($) C1 C2 C3 1,700 1,700 2, 3ee 9ee 2,700 600 2, 3ee
Consider the following Information: Project A -5,7ee -1, wee -3,600 Cash Flows ($) C1 C2 C3 1,700 1,700 2, 3ee 9ee 2,700 600 2, 3ee 1, 2ee C4 B 3,700 700 B a. What is the payback period on each of the above projects? (Round your answers to 2 decimal places.) Project A 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? Project A O Project C O Project B O Project A and Project C Project A, Project B, and Project C O None Project A and Project B O Project B and Project C c. If you use a cutoff period of three years, which projects would you accept? O Project C O Project A, Project B, and Project C Project B O Project A and Project C O Project A Project B and Project O Project A and Project B
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