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2. Dove's Donuts is considering opening its 4th shop (as you will recall, the company is having a stellar year...people just like their donuts). Unfortunately,

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2. Dove's Donuts is considering opening its 4th shop (as you will recall, the company is having a stellar year...people just like their donuts). Unfortunately, the CFO of Dove's did not learn that the payback method is not necessarily the best way to select an investment, but alas, that is the method she will use. She has the opportunity to invest in one of two locations, both of which cost $100,000. The cash flows are as follows: Year 1 2 3 4 5 Milligan Campus Location $25,000 $40,000 $45,000 $32,000 $50,000 JC Location $32,000 $32,000 $36,000 $45,000 $50,000 Which of the two locations should the CFO choose based on her selected method (in order to receive full credit you must provide all details and show all work surrounding this method) (10 points)

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