Offshore Drilling Products, Inc., imposes a payback cutoff of three years for its international investment projects. Assume the company has the following two projects available. Requirement 1: (a) What is the payback period for project A? 4.81 years 2.19 years 5.19 years 3.00 years 1.81 years (b) What is the payback period for project B? 6.06 years 4.94 years .94 years 3.94 years 3.06 years (b)What is the payback period for project B? 6.06 years 4.94 years .94 years 3.94 years 3.06 years Requirement 2: Should it accept either project? Reject both projects A and B Accept project B and reject project A Accept both projects A and B Accept project A and reject project B