You have just started work at a large frozen food manufacturer and have been assigned to lead a team that makes recommendations to the CFO on capital expenditures for the coming year. You are evaluating two projects; Project A and Project B. You estimate the cost of capital is 10% and that the investments will produce the following after tax cash flows.

Year	Project A	Project B
0	-47	-30
1	28	20
2	28	9
3	28	9

What is the Payback Period (PBP) for Project A?

(Please enter your answer with 2 decimal places)