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Data table (Click on the following icon in order to copy its contents into a spreadsheet.) Payback period. Given the cash flow of two projects

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Data table (Click on the following icon in order to copy its contents into a spreadsheet.) Payback period. Given the cash flow of two projects - A and B-in the following table, and using the payback period decision model, which project(s) do you accept and which project(s) do you rejectif you have a 3-year cutoff period for recapturing the initial cash outflow? For payback period calculations, assume that the cash flow is equally distributed over the year What is the payback period for project A? years (Round to one decimal place.)

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