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(Payback and discounted payback period calculations) The Bar None Manufacturing Co manufactures fonce panels used in cattle food lots throughout the Midwest Bar. None's management is considering three investment projects for next year but doesn't want to make any investment that requires more than three years to recover the firm's initial investment. The cash flow for the three projects (Project A Project B, and Project C) are as follows a Given Bar-None's three-year payback period, which of the projects will quality for acceptance? b. Rank the three projects using their payback period which project looks the best using thin criterion? Do you agree with this ranking? Why or why not? c. Bar None uses a discount rate of 10.9 percent to analyze projects, what is the discounted payback period for each of the three projects? If the firm still maintains its three-year payback policy for the discounted payback, which projects should the firm undertake? a. Given the cash flow information in the table the payback period of Project Aisyears. (Round to two decimal place) Year Project A Project B Project 0 $(980) $(9,800) $(6 500) 1 530 6.000 1.200 2 400 3,500 1.200 3 190 3,500 2,500 4. 70 3,500 5 2.500 450 3,500 Click on the icon in order to copy its contents into a spreadsheet) 2,500 Print Done

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