Question 4 From the Payback worksheet, would you Accept or Reject Project B? Accept Reject Question 5 From the Payback worksheet, what is the Rate of Return of Project B? 32.0% 27.7% 24.3% 5.4% Question 6 From the Payback worksheet, why do you Accept or Reject project A? Payback 15% Payback >5 and Rate of return 15% > Project B: Note: Payback does not use the time value of money ** Note: Rate of return is reciprocal of Payback