Question: A) What is the payback period for Project A? B) What is the payback period for Project B? Consider the following two mutually exclusive projects:

 A) What is the payback period for Project A? B) What

A) What is the payback period for Project A?

B) What is the payback period for Project B?

Consider the following two mutually exclusive projects: Year Cash Flow (A) Cash Flow (B) O -$221,314 -$15,790 1 5,377 28,400 52,000 8,370 53,000 13,336 397,000 8,793 Whichever project you choose, if any, you require a 6 percent return on your investment. 234

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