Here are the expected cash flows for three projects:

Project Cash Flows $($dollars$)$

Year $0$ Year $1$ Year $2$ Year $3$ Year $4$

A $6,300+1,325+1,325+3,6500$

B $2,3000+2,300+2,650+3,650$

C $6,300+1,325+1,325+3,650+5,650$

a$.$ What is the payback period on each of the projects?

b$.$ If you use the payback rule with a cutoff period of $2$ years, which projects will you accept?

c$.$ If you use a cutoff period of $3$ years, which projects will you accept?

d$-1.$ If the opportunity cost of capital is $11\%,$ calculate the NPV for projects A$,$ B$,$ and C$.$

Note: Negative amounts should be indicated by a minus sign. Do not round intermediate calculations. Round your answers to $2$ decimal places.

d$-2.$ Which projects have positive NPVs$?$

e$.$ "Payback gives too much weight to cash flows that occur after the cutoff date." True or false?