WH Smith Company is evaluating three projects: A, B, C, with cash flows as given in the table. Each project requires an initial investment of $99,000 and has a required return of 10%. Year 1 : 50,000 - 0 - 20,000. Year 2 : 40,000 - 50,000 - 40,000. Year 3: 20,000 - 50,000 - 40,000 . Year 4 : 10,000 - 40,000 - 40,000. Attempt 175 for 10 pts. Part 1 18 What is the payback period for project A (in years)? 2+ decimals Submit Attempt 1/5 for 10 pts. Part 2 IB | What is the payback period for project B (in years)?
