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R Co is considering one of three projects each of which will 2000 The expected cash flows for each project are: Project A Project B

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R Co is considering one of three projects each of which will 2000 The expected cash flows for each project are: Project A Project B Project Year 1 S11829 $25572 $3132 Year 2 20849 19367 15636 Year 3 12520 17444 14862 Year 4 9530 12349 17072 Re's maximum acceptable payback period for accepting projects is 2 years. What is the payback period of a project that would be considered acceptable? Select one a 3.37 years b. 1.84 years c.2.74 years d. 164 years Check

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