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3. Calculating Payback [LO2] Siva, X Inc., imposes a payback cutoff of three years for its international investment projects. If the company has the fol-

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3. Calculating Payback [LO2] Siva, X Inc., imposes a payback cutoff of three years for its international investment projects. If the company has the fol- lowing two projects available, should it accept either of them? Year Cash Flow (A) -$45,000 16,000 21.000 15,000 9,000 Cash Flow (B) -$ 55,000 13,000 15,000 24,000 255,000

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