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Consider the following information: Project A B C -6,000 -1,300 -4,000 Cash Flows (5) G1 C2 G 2,000 2,000 2,800 1,000 3,880 1,080 2,600 1,500

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Consider the following information: Project A B C -6,000 -1,300 -4,000 Cash Flows (5) G1 C2 G 2,000 2,000 2,800 1,000 3,880 1,080 2,600 1,500 4,000 1,000 a. What is the payback period on each of the above projects? (Round your answers to 2 decimal places.) Answer is complete but not entirely correct. Project Payback Period 3.00 year(s) B 2.10 year(s) 2.06 year(s) A b. Given that you wish to use the payback rule with a cutoff period of two years, which projects would you accept

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