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1. As part of the finance division at GoGetEm International, Inc., you have been asked to make a recommendation for the following project. The firm
1. As part of the finance division at GoGetEm International, Inc., you have been asked to make a recommendation for the following project. The firm requires a payback period of 3 years on all projects. What is your recommendation for this project? Year Project A 0 -250,000 1 75,000 2 50,000 3 100,000 4 150,000 A. The firm should accept this project since its payback period of 2.83 years is less than the required payback of 3 years. B. The firm should accept this project since its payback period of 3.17 years is more than the required payback of 3 years. C. The firm should reject this project since its payback period of 2.83 years is less than the required payback of 3 years. D. The firm should reject this project since its payback period of 3.17 years is more than the required payback of 3 years E. The firm should reject this project since it is very expensive
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