You are considering investment in the following projects. Project As cash flows Year 0 Year 1 Year
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You are considering investment in the following projects. Project As cash flows Year 0 Year 1 Year 2 Year 3 Year 4 -$12,000 $7,000 $3,000 $2,000 $1,500 Project Bs cash flows: Year 0 Year 1 Year 2 Year 3 Year 4 -$11,000 $6,000 $2,500 $1,500 $1,200 Payback Period for project A is ______ and Payback Period for project B is _______.
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