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Taylor Devices Inc. is considering two projects with the following cash flows (in millions): 0 1 2 3 Project A -$20 Project B -$30 $15

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Taylor Devices Inc. is considering two projects with the following cash flows (in millions): 0 1 2 3 Project A -$20 Project B -$30 $15 $10 $10 $15 $%7 $18 What are the payback periods (PB)? PBA-2.00 years, PBB-2.00 years PBA-1.50 years, PBB 2.28 years None PBA- 1.50 years; PBB-2.00 years PBA- 2.00 years; PBB- 2.28 years

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