Long-term investment decision, payback method Personal Finance Problem Bar Wiliams has the opportunify to invest in project A that costs $9,400 today and promises to pay $2,300,$2,600, $2,600,$2,100 and $1,900 over the next 5 years. Oc, Bat can invest $9,400 in project B that promises 10 pay $1,300,$1,300,$1,300,$3,400 and $6,100 over the next 5 years. (Hint For mixed stream cosh inflows, calculote cumulative cash inflows on a year-fo-year basis und the infial investment is recovered, ) a. How long wil it take for BAll to recoup his initial investment in proioct A ? b. How long will it take for Ba to recoup his infial investment in project B? c. Using the paybock period, which project should Eall choose? d. Do you see any problems with this cheice