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Problem 5-1 Payback Consider the following information: Project Cash Flows ($) 61 C2 C3 2,700 2,700 1,300 e 1, eee 3,700 3,300 2,400 2,200 C4

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Problem 5-1 Payback Consider the following information: Project Cash Flows ($) 61 C2 C3 2,700 2,700 1,300 e 1, eee 3,700 3,300 2,400 2,200 C4 -6,700 -2,000 -6,000 B 4,700 1,700 a. What is the payback period on each of the above projects? (Round your answers to 2 decimal places.) Project A Payback Period year(s) year(s) year(s) B 40

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