B D E F G H Chapter 9 - Assignment 1.4 Problem 1: Calculating Payback 5 Points Siva, Inc., imposes a payback cutoff of three years for its international investment projects. The company has two international projects with the following projected cash flows: Year Cash Flow (A) Cash Flow (B) 0 (52,000) $ (55,000) 1 17,000 $ 14,000 2 $ 19,000 $ 16,000 3 17,000 $ 22,000 4 11,000 $ 285,000 a) What is the precise payback period (in decimal form) for these two projects? b) Using payback period rules, should it accept either of them? Create your Original Solution Below - Be sure to show all calculations and clearly indicate answers