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Bronco, Inc., imposes a payback cutoff of three years for its international investment projects Year Cash Flow (A) Cash Flow (B) $58,000 $68,000 22,000 26,000

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Bronco, Inc., imposes a payback cutoff of three years for its international investment projects Year Cash Flow (A) Cash Flow (B) $58,000 $68,000 22,000 26,000 20,000 7,000 14,000 17,000 24,000 228,000 2 4 What is the payback period for both projects? (Round your answers to 2 decimal places, e.g., 32.16.) Project A Project B years years

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