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Elysian Fields Inc. uses a maximum payback period of 6 years and currently must choose between two mutually exclusive projects. Project Hydrogen requires an initial
Elysian Fields Inc. uses a maximum payback period of years and currently must choose between two mutually exclusive projects. Project Hydrogen requires an initial outlay of $; project Helium requires an initial outlay of $ Using the expected cash inflows given for each project in the following table, calculate each projects payback period. Which project meets Elysians standards? Expected cash inflows CFt Year Hydrogen Helium $ $
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