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The following are the cash flows of two projects: Year Project A Project B 0 $300 $300 1 180 200 2 180 200 3 180

The following are the cash flows of two projects:

Year Project A Project B
0 $300 $300
1 180 200
2 180 200
3 180 200
4 180

What is the payback period of each project? (Round your answers to 2 decimal places.)

Project

Payback Period
A years
B years

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