Intro 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 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 1/10 for 10 pts. What is the payback period for project A (in years)? 2+ decimals Submit Part 2 B Attempt 1/10 for 10 pts. What is the payback period for project B (in years)? 2+ decimals Submit Part 3 B Attempt 1/10 for 10 pts. What is the payback period for project C (in years)? 2+ decimals Submit 8 Attempt 1/5 for 10 pts. Part 4 Which project is best based on the payback rule? Project A Project C O Project B IB Attempt 1/10 for 10 pts. Part 5 What is the NPV of project A? 0+ decimals Submit IB Attempt 1/10 for 10 pts. Part 6 What is the NPV of project B? 0+ decimals Submit IB Attempt 1/10 for 10 pts. Part 7 What is the NPV of project C? 0+ decimals Submit 18 | Attempt 1/5 for 10 pts. Part 8 Which project is best based on the NPV rule? Project C Project A Project B Submit