What is the payback period for Project A?

What is the payback period for Project B?

Q) A firm has a WACC of 8.48% and is deciding between two mutually exclusive projects. Project A has an initial investment of $63.32. The additional cash flows for project A are: year 1 = $17.56, year 2 = $37.08, year 3 = $45.08. Project B has an initial investment of $73.74. The cash flows for project B are: year 1 = $53.11, year 2 = $39.80, year 3 = $25.91. Calculate the following