Which projects would accept using the payback rule
Cash flowsProject year:0 1 2 3 4A -5,000 +1,000 +1,000 +3,000 0B -1,000 0 +1,000 +2,000 +3,000C -5,000 +1,000 +1,000 +3,000 +5,000a. Given that you wish to use the payback rule with a cutoff of 2 years, which projects would you accept?
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Given that you wish to use the payback rule with a cutoff of 2 years, which projects would you accept?
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