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A firm is considering the following projects. Its opportunity cost of capital is 11%. Time : 4 Project A B 1 +1, 225 -5,900 -1,900

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A firm is considering the following projects. Its opportunity cost of capital is 11%. Time : 4 Project A B 1 +1, 225 -5,900 -1,900 -5,900 Cash Flows, $ 2 3 +1,225 +3,450 +1,900 +2,450 +1,225 +3,450 +1, 225 +3,450 +5,900 a-1. What is the payback period on each project? (Do not round intermediate calculations. Round your answers to the nearest whole number.) Payback Period Project A Project B Project C 3 years 2 years 3 years a-2. What is the discounted payback period on each project? (Do not round intermediate calculations. Round your answers to 2 decimal places. If any of the projects does not pay back on a discounted basis, enter zero ("0").) Project A Project B Project C Discounted Payback Period years years years

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