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Siva, Inc., imposes a payback cutoff of three years for its international investment projects. Year Cash Flow (A) Cash Flow (B) 0 $ 59,000 $
Siva, Inc., imposes a payback cutoff of three years for its international investment projects.
Year Cash Flow (A) Cash Flow (B)
0 $ 59,000 $ 69,000
1 22,500 14,500
2 27,000 17,500
3 20,500 25,000
4 7,500 229,000
What is the payback period for both projects? (Round your answers to 2 decimal places, e.g., 32.16.)
Payback period
Project A years=
Project B years=
Which project should the company accept?
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