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Global Toys. Inc imposes a payback cutoff of three years for its international investment projects Assume the company has the following two projects available Requirement

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Global Toys. Inc imposes a payback cutoff of three years for its international investment projects Assume the company has the following two projects available Requirement 1: What is the payback period for each project? (Do not round intermediate calculations. Round your answers to 2 decimal places (e.g., 32.16)

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