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Excel Activity: Capital Budgeting Tools Gardial Fisheries is considering two mutually exclusive investments. The projects' expected net cash flows are as follows: Expected Net Cash

Excel Activity: Capital Budgeting Tools Gardial Fisheries is considering two mutually exclusive investments. The projects' expected net cash flows are as follows:

Expected Net Cash Flows
Year Project A Project B
0 -$420 -$620
1 -410 175
2 -280 175
3 -140 175
4 840 175
5 840 175
6 828 175
7 -280 175

Do not round intermediate calculations.

At a cost of capital of 8%, what is the discounted payback period for these two projects? Round your answers to two decimal places.

Discounted payback period (Project A): _________ years

Discounted payback period (Project B): _________ years

Please provide the excel formula for the the answer number too, I would love to understand them, please tell me if some element necessary to answer the questions is missing. Thank you very much.

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