Global Toys Inc. imposes a payback cutoff of three and half years for its international investment projects. If the company has the following two projects available, should it accept either of them? Years Cash flow A Cash flow B 0 -75,000 -125,000 1 10,000 50,000 2 23,000 45,000 3 19,540 21,400 4 42,500 18,000 5 32,900 15,000 Select one:

a. Only cash flow B b. No, neither of them c. Only cash flow A d. Yes, both of them