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The following are the cash flows of two projects: Year Project A Project B 0 $280 $280 1 160 180 2 160 180 3 160

The following are the cash flows of two projects:

Year Project A Project B

0 $280 $280

1 160 180

2 160 180

3 160 180

4 160

What is the payback period of each project?(Round your answers to 1 decimal place.)

Payback Years

Project A ?

Project B ?

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