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The following are the cash flows of two projects: Year Project B $ (350) 1 2 3 4 Project A $(350) 180 180 180 180

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The following are the cash flows of two projects: Year Project B $ (350) 1 2 3 4 Project A $(350) 180 180 180 180 250 250 250 What is the payback period of each project? (Round your answers to 1 decimal place.) Answer is complete but not entirely correct. Project Payback Period A 1.4 years B 1.9 years

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