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The following are the cash flows of two projects: Year Project A Project B 0 $250 $250 1 130 150 2 130 150 3 130

The following are the cash flows of two projects: Year Project A Project B 0 $250 $250 1 130 150 2 130 150 3 130 150 4 130 What is the payback period of each project? (Round your answers to 2 decimal places.) Project Payback Period A years B years

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