Portland Gaming, Inc. uses payback to evaluate potential projects and has a required payback period of four years for all projects. Currently, Portland is evaluating two independent projects.Project A has an expected payback period of 3.6 years and a net present value of $8,400.Project B has an expected payback period of 4.2 years with a net present value of $26,800. Which projects should be accepted based on the payback decision rule?

Group of answer choices

A. Project A only

B. Project B only

C. Both A and B

D. Neither A nor B

E. Answer cannot be determined based on the information given.