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Here is the table of cash flows for two projects: Year Project A 0 1 2 3 -$50,000 $24,200 $16,800 $46,500 Project B -$45,000

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Here is the table of cash flows for two projects: Year Project A 0 1 2 3 -$50,000 $24,200 $16,800 $46,500 Project B -$45,000 $39,000 $18,000 $18,000 Assume these projects are mutually exclusive and the cost of capital is 12.6%. Which of the following statements are true? A. The payback period of project A is 2.19 years. B. You'll accept project A since its NPV is about $872.85 greater than that of project B. OC. You'll accept project B since its payback period is shorter than project A. O D. Both (A) and (B) are true. O E. Both (A) and (C) are true.

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