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(Payback period calculations) You are considering three independent projects: project A, project B, and project C. Given the cash flow information in the popup window,

(Payback period calculations) You are considering three independent projects: project A, project B, and project C. Given the cash flow information in the popup window, LOADING... , calculate the payback period for each. If you require a 3-year payback before an investment can be accepted, which project(s) would be accepted? PROJECT A PROJECT B PROJECT C Initial Outlay $1,000 $9,500 $5,500 Inflow year 1 600 4,000 1,000 Inflow year 2 300 2,000 1,000 Inflow year 3 100 2,000 2,000 Inflow year 4 200 2,000 2,000 Inflow year 5 500 2,000 2,000

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