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A firm is considering the following projects. Its opportunity cost of capital is 8%. Cash Flows, $ Project Time: 0 1 2 3 4 A

A firm is considering the following projects. Its opportunity cost of capital is 8%.

Cash Flows, $
Project Time: 0 1 2 3 4
A -6,100 +1,275 +1,275 +3,550 0
B -2,100 0 +2,100 +2,550 +3,550
C -6,100 +1,275 +1,275 +3,550 +6,100

a-1. What is the payback period on each project? (Do not round intermediate calculations. Round your answers to the nearest whole number.)

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").)

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