Problem 8-29 NPV Payback and (LO 1, LO4) Here are the expected cash flows for three projects: Project Yeart A 3 0 - 6,000 -2,000 -6,000 Cash Plows dollars) 1 2 +1,250 + 1,250 + 3,500 0 + 2,000 + 2,500 + 1,250 +1,250 + 3.500 0 + 3,500 + 5,500 a. What is the payback period on each of the projects? b. If you use the payback rule with a cutoff period of 2 years, which projects will you accept? c. If you use a cutoff period of 3 years, which projects will you accept? d-1. If the opportunity cost of capital is 9%, calculate the NPV for projects A, B, and C. (Negative amounts should be indicated by a minus sign. Do not round intermediate calculations. Round your answers to 2 decimal places.) d-2. Which projects have positive NPVS? e. "Payback gives too much weight to cash flows that occur after the cutoff date." True or false? Project B Project A Years Project Year Years a. Payback period b. If you use the payback rule with a cutoff period of 2 years, which projects will you accept? c. If you use a cutoff period of 3 years, which projects will you accept? d-1. If the opportunity cost of capital is 9%, calculate the NPV for projects A, B, and C d-2. Which projects have positive NPVS? e. "Payback gives too much weight to cash flows that occur after the cutoff date. True or false