Problem - NPV & Payback In the table below, you can find the expected cash flows of three different projects: Cash Flows (dollars) Project Year 1 - 5,200 + 1,050 + 1,050 +3,100 - 1,200 + 1,200 + 2,100 +3,100 -5,200 + 1,050 -1.050 3,100 5,100 a. Calculate the payback period separately for each project b. Which projects do you accept according to the payback rule, assuming a cutoff period of 2 years? e. Which projects do you accept according to the payback rule, assuming a cutoff period of 3 years? d-1. Calculate NPV separately for each project assuming that the opportunity cost of capital is 9% (Negative amounts should be indicated by a minus sign. Do not round intermediate calculations. Round your answers to 2 decimal places.) d-2. Select the projects that have positive NPVS. e. is the following statement true or false? "Payback gives too much weight to cash flows that occur after the cutoff date." Project A Years Project 8 Years Project Years Payback period B. Which project do you accept according to the payback rule, assuming a cutoff period of 2 years? le Which projects do you contaccording to the payback rule, assuming a cutoff period of 3 years? d-1. Calculate NPV separately for each project assuming that the opportunity cost of capital is 9% -2. Which projects have positive NPV? "Payback gives too much weight to cash flows that occur after the cutoff date." True or false