Question: Consider the following two mutually exclusive projects: Year 0 1 2 3 4 Cash Flow (A) -$288,054 29,500 53,000 52,000 391,000 Cash Flow (B) -$16,252

 Consider the following two mutually exclusive projects: Year 0 1 2

Consider the following two mutually exclusive projects: Year 0 1 2 3 4 Cash Flow (A) -$288,054 29,500 53,000 52,000 391,000 Cash Flow (B) -$16,252 5,497 8,836 13,337 9,264 Whichever project you choose, if any, you require a 6 percent return on your investment. a. What is the payback period for Project A? b. What is the payback period for Project B

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