The following are the cash flows of two projects: Year Project A Project B 0 $280 $280
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Question:
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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