Problem 17 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 $94,000 and has a required return of 6%. Year A B C 50,000 0 20,000 40,000 50,000 40,000 20,000 50,000 40,000 10,000 40,000 40,000 Attempt 1/5 for 10 pts. Part 1 IB What is the payback period for project A (in years)? 2+ decimals Submit Attempt 1/5 for 10 pts. Part 2 What is the payback period for project B (in years)? 2+ decimals Attempt 1/5 for 10 pts. Part 3 IB What is the payback period for project C (in years)? 2+ decimals Submit Attempt 1/5 for 10 pts. Part 4 IB Which project is best based on the payback rule? Project B Project A Project C Submit B Attempt 1/5 for 10 pts. Part 5 What is the NPV of project A? No decimals Submit Part 6 B Attempt 1/5 for 10 pts. IB Attempt 175 for 10 pts. Part 6 What is the NPV of project B? No decimals Submit IB Attempt 1/5 for 10 pts. Part 7 What is the NPV of project C? No decimals Submit IB Attempt 1/5 for 10 pts. Part 8 Which project is best based on the NPV rule? Project B Project A Project C Submit