Here are the expected cash flows for 3 projects: Cash flows $1,000 $1,000 $3,000 $5,000 Requirements: a) What is the payback period for each project? (3pts) b) Given that you wish to use the payback rule with a cutoff period of 2 years, which projects would you accept? c) If you used a cutoff period of 3 years, which projects would you accept? d) If the opportunity cost of capital is 10%. what is the NPV of each project? Round your answer to the nearest whole dollar ($). (30pts) e)What is the IRR of Project C? Round your answer to one decimal place