Find out payback period method

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Stellar Inc. has two projects as follows: A -2,400 800 1,150 1,000 1,850 B -2,950 700 1,450 1,000 3,850 If Stellar set 2.49 years as a cut-off period for screening projects, which projects will be selected, using the payback period method? (Round answers to 2 decimal places, 6.3. 125.25.) Project A payback period years Project B payback period years will be selected.

Reference no: EM133061020

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