Porter Co.is Analyzing Two Potential Investments

Porter Co.is analyzing two potential investments.
-If the company is using the payback period method and it requires a payback of three years or less,which project(s) should be selected?

A) Project Y.
B) Project X.
C) Both X and Y are acceptable projects.
D) Neither X nor Y is an acceptable project.
E) Project Y because it has a lower initial investment.