the possible answers are:

a.

Neither Project A nor Project B should be accepted.

b.

Project B would be accepted, but not Project A.

c.

Both projects will be selected.

d.

Project A has a DPBP of 2 years and Project B has a DPBP of 2.5 years so Project B will be accepted instead of Project A.

e.

Project A would be accepted, but not Project B.

Consider the following two independent investment projects: Cash flows of project A: Cash flows of project B: If management only accepts projects that pay back in 3 years or less, according to the discounted payback period rule, which projects will be selected? Use a discount rate of 10%