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1 2 points eBook Print References Kara, Incorporated, imposes a payback cutoff of three years for its international investment projects. Assume the company has the
1 2 points eBook Print References Kara, Incorporated, imposes a payback cutoff of three years for its international investment projects. Assume the company has the following two projects available. Year Cash Flow (A) 0 1 2 3 4 -$ 56,000 22,500 29,600 24,500 10,500 Cash Flow (B) -$ 101,000 24,500 a. Project A Project B b. Project acceptance 29,500 29,500 239,000 a. What is the payback period for each project? Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. b. Which, if either, of the projects should the company accept? years years
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