Question: urrent Attempt in Progress Blossom Crafts Corp. management is evaluating two independent capital projects that will each cost the company $300,000. The two projects will

 urrent Attempt in Progress Blossom Crafts Corp. management is evaluating two

urrent Attempt in Progress Blossom Crafts Corp. management is evaluating two independent capital projects that will each cost the company $300,000. The two projects will provide the following cash flows: Year Project A Project B 1 $ 80,750 $ 40,450 2 97,450 99,125 3 28,235 166,000 4 143,655 84,110 (a 1) What is the payback period of both projects? (Round answers to 2 decimal places, e.g. 15.25.) years. The Payback of Project Ais years and Project B is e Textbook and Media Attempts: unlimited Submit Answer Save for Later

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