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Problem 8-8 Payback (L04) The following are the cash flows of two projects: Year 0 1 Project A $ (260) 140 140 140 140 Project

Problem 8-8 Payback (L04) The following are the cash flows of two projects: Year 0 1 Project A $ (260) 140 140 140 140 Project B $ (260) 160 160 160 2 3 4 What is the payback period of each project? (Round your answers to 1 decimal place.) Project Payback Period A years B years

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