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Kara, Incorporated, imposes a payback cutoff of three years for its international investment projects. Year Cash Flow (A) Cash Flow (B) 0 $ 52,000 $

Kara, Incorporated, imposes a payback cutoff of three years for its international investment projects. Year Cash Flow (A) Cash Flow (B) 0 $ 52,000 $ 62,000 1 19,000 11,000 2 20,000 14,000 3 17,000 18,000 4 4,000 222,000 What is the payback period for both projects? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Which project should the company accept? multiple choice Project A Project B

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