Siva inc imposes a payback cutoff of three years for its, Ask an Expert

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Siva, Inc., imposes a payback cutoff of three years for its international investment projects. Year Cash Flow (A) Cash Flow (B) 0 –$ 61,000 –$ 71,000 1 23,500 15,500 2 29,000 18,500 3 21,500 27,000 4 8,500 231,000 What is the payback period for both projects? (Round your answers to 2 decimal places, e.g., 32.16.) Payback period Project A years Project B years

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92066912

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