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The following are the cash flows of two projects: Year Project A Project B 0 ?$ 360 ?$ 360 1 190 260 2 190 260
The following are the cash flows of two projects:
Year | Project A | Project B | ||||
0 | ?$ | 360 | ?$ | 360 | ||
1 | 190 | 260 | ||||
2 | 190 | 260 | ||||
3 | 190 | 260 | ||||
4 | 190 | |||||
What is the payback period of each project?
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