Kilimanjaro, Incorporated, imposes a payback cutoff of three years for its international investment projects.
YearCash Flow (A)Cash Flow (B)0−$ 48,000−$ 60,000116,00012,000219,00014,000317,00017,000411,000255,000
What is the payback period for both projects?
Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.
b. This project has two IRR's, namelypercentandpercent, in order from smallest to largest.(Note: If you can only compute one IRR value, you should input that amount into both answer boxes in order to obtain some credit.)