Data table Read the requirements. a. What are the benefits and limitations of using the payback method to choose between projects? Benefits of the payback method: A. Easy to understand and captures uncertainty about expected cash flows in later years of a project B. Indicates whether or not the project will earn the company's minimum required rate of return C. Utilizes the time value of money and computes each project's unique rate of return D. All of the above Limitations of the payback method: A. Cannot be used for projects with unequal periodic cash flows B. Cannot be used when management's required rate of return varies from one period to the next. 'C. Fails to incorporate the time value of money and does not consider a project's cash flows after the payback period D. All of the above b. Calculate the payback period for each of the three projects. Ignore income taxes. (Round your answers to two decimal places Project A years Project B years Project C years