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The following are the cash flows of two projects: Year Project A Project B 0 $(340) $(340) 1 170 240 2 170 240 3 170

The following are the cash flows of two projects:

Year Project A Project B

0 $(340) $(340)

1 170 240

2 170 240

3 170 240

4 170

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

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