Problem 5-2 Payback Consider the following projects: C3 C4 Project A B C 0 -1,900 -3,800 -4,750 Cash Flows ($) C1 C2 1,900 0 1,900 1,900 1,900 1,000 C5 0 1,900 1,900 0 1,900 1,900 4,900 0 a. If the opportunity cost of capital is 11%, which project(s) have a positive NPV? b. Calculate the payback period for each project. c. Which project(s) would a firm using the payback rule accept if the cutoff period is three years? d. Calculate the discounted payback period for each project. e. Which project(s) would a firm using the discounted payback rule accept if the cutoff period is three years? Complete this question by entering your answers in the tabs below. Required A Required B Required c Required D Required E If the opportunity cost of capital is 11%, which project(s) have a positive NPV? Positive NPV project(s) Complete this question by entering your answers in the tabs below. Required A Required B Required C Required D Required E Required B Calculate the payback period for each project. (Round your answers to 2 decimal places.) Project A year(s) year(s) Project B Project C year(s) Complete this question by entering your answers in the tabs below. Required A Required B Required C Required D Required E Which project(s) would a firm using the payback rule accept if the cutoff period is three years? Project(s) accepted