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The following are the cash flows of two projects: Year Project A Project B 0 $ (230 ) $ (230 ) 1 110 130 2
The following are the cash flows of two projects:
| Year | Project A | Project B | ||||
| 0 | $ | (230 | ) | $ | (230 | ) |
| 1 | 110 | 130 | ||||
| 2 | 110 | 130 | ||||
| 3 | 110 | 130 | ||||
| 4 | 110 | |||||
What is the payback period of each project?
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Public Finance
Authors: Harvey Rosen, Ted Gayer
10th Global Edition
007715469X, 978-0077154691
