Consider the following projects:

Cash Flows ($)
Project	C0	C1	C2	C3	C4	C5
A	2,300	2,300	0	0	0	0
B	4,600	2,300	2,300	5,300	2,300	2,300
C	5,750	2,300	2,300	0	2,300	2,300

a. If the opportunity cost of capital is 11%, which project(s) have a positive NPV?

Positive NPV project(s)

	Project A
	Project B
	Project C
	Projects A and B
	Projects A and C
	Projects B and C
	Projects A, B, and C
	No project

b. Calculate the payback period for each project: (Round your answers to 2 decimal places. If a project never pays back, enter "0".)

Project A	year(s)
Project B	year(s)
Project C	year(s)

c. Which project(s) would a firm using the payback rule accept if the cutoff period were three years?

Project(s) accepted (Click to select)Project AProject BProject CProjects A and BProjects A and CProjects B and CProjects A, B, and CNo project

d. Calculate the discounted payback for each project. (Do not round intermediate calculations. Round your answers to 2 decimal places. If a project never pays back, enter "0".)

Project A	year(s)
Project B	year(s)
Project C	year(s)