(Payback and discounted payback period calculations) The Bar-None Manufacturing Co. manufactures fence panel Midwest. Bar-None's management is considering three investment projects for next year but doesn't want to make any ir to recover the firm's initial . investment. The cash flows for the three projects (Project A, Project B, and Project C) are as follows: a. Given Bar-None's three-year payback period, which of the projects will qualify for acceptance? b. Rank the three projects using their payback period. Which project looks the best using this criterion? Do you agree w c. If Bar-None uses a discount rate of 9.8 percent to analyze projects, what is the discounted payback period for each of three-year payback policy for the discounted payback, which projects should the firm undertake? E. a. Given the cash flow information in the table, the payback period of Project A is years. (Round to two decimal place ations) The Bar-None Manufacturing Co. manufactures fence panels used in cattle feed lots throughout the ree investment projects for next year but doesn't want to make any investment that requires more than three years roject A, Project B, and Project C) are as follows: BE 3 ich of the projects will qualify for acceptance? d. Which project looks the best using this criterion? Do you agree with this ranking? Why or why not? o analyze projects, what is the discounted payback period for each of the three projects? If the firm still maintains its k, which projects should the firm undertake? . bayback period of Project A is years. (Round to two decimal places.) Data table - - Year Project B Project A $(950) 550 1 AWNO 2 250 170 $(9,000) 6.000 2,000 2,000 2,000 2,000 Project C $(7,000) 1,800 1,800 4,000 4,000 4,000 3 4 70 5 430