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3. Assume a $50,000 investment and the following cash flows for two alternatives. Year Investment A Investment B 1 $10,000 $20,000 2 11,000 25,000 3
3. Assume a $50,000 investment and the following cash flows for two alternatives.
Year Investment A Investment B
1 $10,000 $20,000
2 11,000 25,000
3 13,000 15,000
4 16,000
5 30,000
Which alternative would you select under the payback method?
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