Here are the expected cash flows for three projects: Cash Flows (dollars) Project Year: 0 1 2 3 4 A 5,100 + 1,025 + 1,025 + 3,050 0 B 1,100 0 + 1,100 + 2,050 + 3,050 C 5,100 + 1,025 + 1,025 + 3,050 + 5,050 a. What is the payback period on each of the projects? Project Payback period A years B years C years b. If you use a cutoff period of 2 years, which projects would you accept? Project A Project B Project C Project A and Project B Project B and Project C Project A and Project C Projects A, B, and C None c. If you use a cutoff period of 3 years, which projects would you accept? Project A Project B Project C Project A and Project B Project B and Project C Project A and Project C Projects A, B, and C None d-1. If the opportunity cost of capital is 11%, calculate the NPV for projects A, B, and C. (Negative amounts should be indicated by a minus sign. Do not round intermediate calculations. Round your answers to 2 decimal places.) Project NPV A $ B $ C $ d-2. Which projects have positive NPVs? Project A Project B Project C Project A and Project B Project B and Project C Project A and Project C Projects A, B, and C None e. "Payback gives too much weight to cash flows that occur after the cutoff date." True or false? True False