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The following are the cash flows of two projects: Year Project A Project B 0 $ 320 $ 320 1 150 220 2 150 220

The following are the cash flows of two projects:

Year Project A Project B
0 $ 320 $ 320
1 150 220
2 150 220
3 150 220
4 150

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

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