Question: Chapter 8 Homework Problems Help 1 25 Stenson Inc. imposes a payback cutoff of twee years for its national investment projects. Assume the company has

 Chapter 8 Homework Problems Help 1 25 Stenson Inc. imposes a

Chapter 8 Homework Problems Help 1 25 Stenson Inc. imposes a payback cutoff of twee years for its national investment projects. Assume the company has the following to projects available Year Cash Flow A Cal Flow 0 -5 53000 -$ 98,000 + 21000 23.000 2 27.800 28.000 3 23.000 31000 4 9000 242000 00 What is the payback period for each project Do not found intermediate calculation and round your answers to 2 decimal places, 9.32161 Pa

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