Here are the expected cash flows for three projects: Project Cash Flows (dollars)

Year 0 Year 1 Year 2 Year 3 Year 4 A 5,300 +1,075 +1,075 +3,150 0 B 1,300 0 +1,300 +2,150 +3,150 C 5,300 +1,075 +1,075 +3,150 +5,150 a. What is the payback period on each of the projects? b. If you use the payback rule with a cutoff period of 2 years, which projects will you accept? c. If you use a cutoff period of 3 years, which projects will you accept? d-1. If the opportunity cost of capital is 12%, calculate the NPV for projects A, B, and C. Note: Negative amounts should be indicated by a minus sign. Do not round intermediate calculations. Round your answers to 2 decimal places.