1. value: points 12.50 Problem 9-3 Calculating Payback [LO2] Siva, Inc., imposes a payback cutoff...
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1. value: points 12.50 Problem 9-3 Calculating Payback [LO2] Siva, Inc., imposes a payback cutoff of three years for its international investment projects Year Cash Flow (A) Cash Flow (B) 56,000 66,000 21,000 13,000 24,000 16,000 19,000 22,000 6,000 226,000 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 Which project should the company a O Project B O Project A
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