Suppose your firm is considering two mutually exclusive, required projects with the cash flows shown below. The required rate of return on projects of both of their risk class is 8 percent, and that the maximum allowable payback and discounted payback statistic for the projects are 2 and 3 years, respectively Time Project A Cash Flow Project B Cash Flow 0 1 -20,000 10,000 -30,000 10,000 2 30,000 20,000 3 1,000 50,000 Use the NPV decision rule to evaluate these projects, which one(s) should be accepted or rejected? Multiple Choice Accept neither Anor B Accept both A and B Reject A accept B Compute the Pl statistic for Project Z if the appropriate cost of capital is 7 percent (Do not round intermediate calculations and round your final answer to 2 decimal places.) Project 2 Time: Cash flow: -$2,000 1 $550 2 $680 3 $850 4 $500 5 $300 PI 19.86 Should the project be accepted or rejected? accepted rejected