The following are the cash flows of two projects: Year 0 1 1234 2 3 Project A $ (310) 140 140 140 140 Project B $ (310) 210 210 210 What is the payback period of each project? Note: Round your answers to 1 decimal place. Project A B Payback Period years years

Essentials Of Investments
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ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
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Chapter1: Investments: Background And Issues
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The following are the cash flows of two projects:
Year
0
1
2
3
4
Project A
$ (310)
140
140
140
140
Project B
$ (310)
210
210
210
What is the payback period of each project?
Note: Round your answers to 1 decimal place.
Project
A
B
Payback Period
years
years
Transcribed Image Text:-S The following are the cash flows of two projects: Year 0 1 2 3 4 Project A $ (310) 140 140 140 140 Project B $ (310) 210 210 210 What is the payback period of each project? Note: Round your answers to 1 decimal place. Project A B Payback Period years years
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