Bridgeport Inc. has two projects as follows: Project Initial CF CF1 CF2 CF3 CF4 A -2,420...

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Bridgeport Inc. has two projects as follows: Project Initial CF CF1 CF2 CF3 CF4 A -2,420 820 1,170 1,000 1,870 B -2,970 720 1,470 1.000 3,870 If Bridgeport set 2.47 years as a cut-off period for screening projects, which projects will be selected, using the payback period method? (Round answers to 2 decimal places, e.g. 125.25.) Project A payback period Project B payback period will be selected. years years Bridgeport Inc. has two projects as follows: Project Initial CF CF1 CF2 CF3 CF4 A -2,420 820 1,170 1,000 1,870 B -2,970 720 1,470 1.000 3,870 If Bridgeport set 2.47 years as a cut-off period for screening projects, which projects will be selected, using the payback period method? (Round answers to 2 decimal places, e.g. 125.25.) Project A payback period Project B payback period will be selected. years years