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The following are the cash flows of two projects: Year Project A Project B 0 ?$ 270 ?$ 270 1 150 170 2 150 170
The following are the cash flows of two projects:
| Year | Project A | Project B | ||||
| 0 | ?$ | 270 | ?$ | 270 | ||
| 1 | 150 | 170 | ||||
| 2 | 150 | 170 | ||||
| 3 | 150 | 170 | ||||
| 4 | 150 | |||||
What is the payback period of each project? (Round your answers to 1 decimal place.)
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Public Finance In A Changing World
Authors: Peter Birch Sorensen
1998th Edition
0333682211, 978-0333682210
