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2. Howard Company is considering two alternative investments. The payback period is 3.5 years for investment A and 4 years for investment B. a. If
2. Howard Company is considering two alternative investments. The payback period is 3.5 years for investment A and 4 years for investment B. a. If management uses payback period, which investment is preferred?
multiple choice 1:
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Investment A
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Investment B
b. Will an investment with a shorter payback period always be chosen over an investment with a longer payback period?
multiple choice 2:
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Yes
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No
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