i. Calculate the payback period in years for Project C. Round your answer to two decimal places. ii. Project D has a payback period of 3.35 years. The investor uses a threshold of 3.5 years for...

Extracted text: i. Calculate the payback period in years for Project C. Round your answer to two decimal places. ii. Project D has a payback period of 3.35 years. The investor uses a threshold of 3.5 years for decision making. If Project C and Project D are mutually exclusive projects, which project should be accepted using the payback period method? Provide your reasons.


Extracted text: b) Answer parts i and i based on the information below: Project C has the following cash flows. Years 2 3 4 5 Cashflows -$75,000 $13,000 $19,000 $22,000 $25,000 $26,000