Suppose your firm is considering two mutually exclusive, required projects with the cash flows shown below. The required rate of return on projects of both of their risk class is 8 percent, and that the maximum allowable payback and discounted payback statistic for the projects are 2 and 3 years, respectively. Time: O 1 2 3 Project A Cash Flow Project B Cash Flow -30,000|20,000|40,000 11,000 -40,000|20,000 30,000 | 60,000 Use the PI decision rule to evaluate these projects; accept the project with the higher Pl value. accept both A and B accept A, reject B reject A, accept B accept neither A nor B