Question: Look at the table below. For this question, you will need to calculate both projects, discounted payback period. The cost of capital is 11.5% Project

 Look at the table below. For this question, you will need

Look at the table below. For this question, you will need to calculate both projects, discounted payback period. The cost of capital is 11.5% Project Initial outlay Y1 Y2 Y3 Y4 1050 500 400 200 600 B 2100 1000 500 1200 700 Based on your calculations, what is the difference between the years to break even for the above projects? (Hint: Higher discounted payback period - lower discounted payback period difference) (include 2 decimals in your answer)

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