Two mutually exclusive projects are under consideration with the details shown. The company's required rate of...

 

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Two mutually exclusive projects are under consideration with the details shown. The company's required rate of return for projects of this risk level is 14%. using this information, answer the questions below: Year Project A Project B 0 (390,000) (62,000) 1 54,000 28,000 2 74,000 26,000 34 3 72,000 24,500 4 424,000 18,600 A) Calculate the payback period for each project. Round to two decimals. Project A Project B Two mutually exclusive projects are under consideration with the details shown. The company's required rate of return for projects of this risk level is 14%. using this information, answer the questions below: Year Project A Project B 0 (390,000) (62,000) 1 54,000 28,000 2 74,000 26,000 34 3 72,000 24,500 4 424,000 18,600 A) Calculate the payback period for each project. Round to two decimals. Project A Project B