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Stenson, Inc., imposes a payback cutoff of three years for its International Investment projects. Assume the company has the following two projects available. Year Cash

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Stenson, Inc., imposes a payback cutoff of three years for its International Investment projects. Assume the company has the following two projects available. Year Cash Flow A Cash Flow B -$62,000 $ 107,000 1 25,500 27,500 33,200 32,500 27,500 26,500 4. 13,500 233,000 WN-O What is the payback period for each project? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Project A Project B years years Which, if either, project(s) should the company accept

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