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2. Project Arequire an initial investment of 29000 & Project B require an initial investment of 30000 and their generated cash inflows are given in

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2. Project Arequire an initial investment of 29000 & Project B require an initial investment of 30000 and their generated cash inflows are given in the following table for 5 years. Which project we will recommend considering pay back period? (4) 3 Cash inflows for A Cash inflows for B Year 1 8000 20000 9000 8000 10000 12000 4 4000 4000 5 5000 7000

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