1)

(Payback) Compute the payback statistic for Project A if the appropriate cost of capital is 8 percent and the maximum allowable payback period is four years. (Round your answer to 2 decimal places.)

Project A
Time	0	1	2	3	4	5
Cash flow	-$2,500	$950	$930	$820	$600	$400

2)

(Discounted Payback) Compute the discounted payback statistic for Project C if the appropriate cost of capital is 6 percent and the maximum allowable discounted payback period is three years. (Do not round intermediate calculations and round your final answer to 2 decimal places.)

Project C
Time	0	1	2	3	4	5
Cash flow	-$2,700	$1,160	$990	$1,030	$640	$440