Given the following cash flows for project A: Co = -1000, C1 = +600 ,C2 = +400, and C3 = +1500, calculate the payback period. One year Two years Three years Four years Given the following cash flows for Project M: Co = -1,000, C1 = +200, C2 = +700, C3 = +698, calculate the IRR for the project. 19% 21% 23% None of these