Kaleb Konstruction, Inc., has the following mutually exclusive projects available. The company has historically used...

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Accounting

Kaleb Konstruction, Inc., has the following mutually exclusive projects available. The company has historically used a three-year cutoff for projects. The required return is 13 percent.

Year Project F Project G
0 $ 127,000 $ 197,000
1 64,000 44,000
2 46,000 59,000
3 56,000 86,000
4 51,000 116,000
5 46,000 131,000

Required:
(a)

Calculate the payback period for both projects. (Do not round intermediate calculations. Round your answers to 2 decimal places (e.g., 32.16).)

Payback period
Project F years
Project G years

Calculate the NPV for both projects.

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