Based on the following cash flows answer question 3

Period	0	1	2	3	4
Project A Cash Flow	-100	30	50	10	60
Project B Cash Flow	-100	70	35	8	5
Project C Cash Flow	-100	40	10	50	200

#3. (20 points)

(a) Which project(s) will be selected if payback period technique is used with a payback period cutoff of 3 years or less?

(b) Which project(s) will be selected if IRR period technique is used with 12% opportunity cost of capital?

(c) Which project(s) will be selected if modified IRR method is used with 10% finance rate and 13% investment rate? Opportunity cost of capital is 12%.