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1- Buy Coastal, Inc., imposes a payback cutoff of three years for its international investment projects. If the company has the following 2 projects available,
1- Buy Coastal, Inc., imposes a payback cutoff of three years for its international investment projects. If the company has the following 2 projects available, should it accept either of them? Year Project A Cash Flow Project B Cash Flow -$60,000 -$70,000 $23,000.00 $15,000 $28,000.00 $18,000 $21,000.00 $26,000 $8,000.00 $230,000
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