WH Smith Company is evaluating three projects: A, B, C, with cash flows as given in the table. Each project requires an initial investment of $91,000 and has a required return of 7%. Part 1 Attempt 1/5 for 10 pts. What is the payback period for project A (in years)? Part 2 Attempt 1/5 for 10 pts. What is the payback period for project B (in years)? What is the payback period for project C (in years)? Part 4 Which project is best based on the payback rule? Project B Project A Project C Part 5 What is the NPV of project A? What is the NPV of project B? Part 7 What is the NPV of project C? Part 8 Which project is best based on the NPV rule? Project B Project A Project C