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Problem 8-8 Payback (L04) The following are the cash flows of two projects: Year 1 2 3 Project A $(250) 130 130 130 130 Project

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Problem 8-8 Payback (L04) The following are the cash flows of two projects: Year 1 2 3 Project A $(250) 130 130 130 130 Project B $(250) 150 150 150 What is the payback period of each project? (Round your answers to 1 decimal place.) Payback Period Project A B years years

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