WH Smith Company is evaluating three projects: A, B, C, with cash flows as given in the table. Each project requires an initial investment of $91,000 and has a required return of 9%. Year A B 1 2 50,000 0 20,000 40,000 50,000 40,000 20,000 50,000 40,000 10,000 40,000 40,000 3 4 Part 1 IB Attempt 1/5 for 10 pts. What is the payback period for project A (in years)? 2+ decima Submit Part 2 18 Attempt 1/5 for 10 pts. What is the payback period for project B (in years)? 2+ decima Submit Part 3 8 Attempt 1/5 for 10 pts. What is the payback period for project C (in years)? 2+ decima Submit Part 4 8 Attempt 1/5 for 10 pts. Which project is best based on the payback rule? Project B Project A Project C Submit Part 5 18 Attempt 1/5 for 10 pts. What is the NPV of project A? 0+ decima