Given that you wish to use the payback rule with a cutoff

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Cash flows
Project year:0 1 2 3 4
A -5,000 +1,000 +1,000 +3,000 0
B -1,000 0 +1,000 +2,000 +3,000
C -5,000 +1,000 +1,000 +3,000 +5,000

a. Given that you wish to use the payback rule with a cutoff of 2 years, which projects would you accept?

Reference no: EM13568061

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