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The following are the cash flows of two projects: Year Project B $ (400) Project A $ (400) 230 230 230 230 300 300 300
The following are the cash flows of two projects: Year Project B $ (400) Project A $ (400) 230 230 230 230 300 300 300 What is the payback period of each project? (Round your answers to 1 decimal place.) Project Payback Period years years
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