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Payback, NPV, and MIRR Your division is considering two investment projects, each of which requires an up-front expenditure of $26 million. You estimate that the

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Payback, NPV, and MIRR Your division is considering two investment projects, each of which requires an up-front expenditure of $26 million. You estimate that the cost of capital is 10% and that the investments will produce the follewing after-tax cash flows (in millions of dollars): a. What is the regular parback period for each of the projects? Round your answers to two decimal places. Project A: vears Project B: years b. What is the discounted payback period for each of the projects? Do not round intermed sate calculations. Reund your answers to two decimal places. Project At vears Project B. years

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