Table 10.3 A firm is evaluating two projects that are mutually exclusive with initial investments and cash flows as follows: Project A Initial End-of-Year Investment Cash Flows $40,000 $20,000 20,000 20,000 Project B Initial End-of-Year Investment Cash Flows $90,000 $40,000 40,000 80,000 If the firm in Table 10.3 has a required payback of two years, it should A. reject Project A and accept Project B B. accept Project A and reject Project B C. reject both the projects D. accept Project A and Project B