Question: Problem 9.19 Timeline Manufacturing Co. is evaluating two projects. The company uses payback criteria of three years or less. Project A has a cost of

 Problem 9.19 Timeline Manufacturing Co. is evaluating two projects. The company

Problem 9.19 Timeline Manufacturing Co. is evaluating two projects. The company uses payback criteria of three years or less. Project A has a cost of $935,240, and project B's cost is $1,126,400. Cash flows from both projects are given in the following table. Year Project A Project B 1$86,212 $586,212 313,562 413,277 427,594231,199 4 285,552 What are their discounted payback periods? (Round answers to 2 decimal places, e.g. 15.25. If discounted payback period exceeds life of the project, enter 0.00 for the answer.) Discounted payback periods of project A Discounted payback periods of project B Which will be accepted with a discount rate of 8 percent? Timeline should choose Click if you would like to Show Work for this question: Open Show Work

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