What is the payback period of each project round your


The following are the cash flows of two projects:

Year              Project A              Project B

0                   −$ 290                   −$ 290

1                     170                         190

2                     170                         190

3                     170                         190

4                     170

a. What is the payback period of each project? (Round your answers to 1 decimal place.)

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Financial Management: What is the payback period of each project round your
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