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The following are the cash flows of two projects: Year Project A Project B 0 $ 290 $ 290 1 170 190 2 170 190

The following are the cash flows of two projects:

Year Project A Project B

0 $ 290 $ 290

1 170 190

2 170 190

3 170 190

4 170

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

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