ew P11-22 (similar to) Question Help m of (Payback and discounted payback period calculations) The Bar None Manufacturing Co manufactures fence panels ased in cattle feed lots throughout the Midwest Bar None's management is considering three investment projects for next year but doesn't want to make any investment that requires more than three years to recover the firm's initial investment. The cash flows for the three projects (Project A Project and Project C) are as follows esi a. Given Bar.None's three year payback period which of the projects will qualify for acceptance? b. Rank the three projects using their payback period which project looks the best using this criterion? Do you agree with this ranking? Why or why not? c. If Bar-None uses a discount rate of 104 percent to analyze projects, what is the discounted payback period for each of the three projects? if the firm still maintains its three year payback policy for the discounted payback, which projects should the firm undertake? a. Given the cash flow intormation in the table the payback penod of Project As years. (Round to two decimal places) - Data Table P Year 3) 02 Project A S(1100) 530 250 170 80 490 Project B $19.000 4.000 2 500 2.500 2 3 4 5 Project ${7000) 800 800 3,000 3,000 3,000 2.500 2.500 Print Done Enter your answer in the answer box and 13 parts Clear All CAW! remaining