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 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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