Q$20)$

Ewha Corp has a required payback period oftwoyears for all of its projects.

Currently, the firm is analyzing two independent projects. Project A has an

expected payback period of $1\mathrm{.}8$ years and a net present value of $$6,800.$ Project

$B$ has an expected payback period of $3\mathrm{.}1$ years with a net present value of

$$28,400.$ Which projects should be acceptedbased on the paybackperioddecision

rule?

one:

a$.$Project A only

b$.$Project $B$ only

c$.$ Both A and $B$

d$.$Neither A nor B

e$.$Answer cannot be determined based on the information given.