Refer to two projects with the following cash flows:

Year Project A Project B

0 $100 $100

1 40 50

2 40 50

3 40 50

4 40

What is the discounted payback period for each project if the opportunity cost of capital is 11%? (Do not round intermediate calculations. Round your answers to 2 decimal places.)

PROJECT A YEARS?

PROJECT B YEARS?