Fuji Software, Inc., has the following projects. a. Suppose Fujis cutoff payback period is two years. Which

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Fuji Software, Inc., has the following projects.

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a. Suppose Fuji’s cutoff payback period is two years. Which of these two projects should be chosen?

b. Suppose Fuji uses the NPV rule to rank these two projects. If the appropriate discount rate is 15 percent, which project should be chosen?

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