The following are the cash flows of two projects: Year Project A Project B 0 - 220
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Question:
The following are the cash flows of two projects:
Year Project A Project B
0 - 220 -220
1 100 120
2 100 120
3 100 120
4 100
What is the payback period of each project in years?
Related Book For
Intermediate Accounting Reporting and Analysis
ISBN: 978-1285453828
2nd edition
Authors: James M. Wahlen, Jefferson P. Jones, Donald Pagach
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