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8. Dammon Corp. has the following investment opportunities: Year Machine A ($15,000) Machine B ($22,500) Machine C ($37,5000) Inflows: Inflows: Inflows: 1 $6,000 $12,000 $0

8. Dammon Corp. has the following investment opportunities:

Year

Machine A ($15,000)

Machine B ($22,500)

Machine C ($37,5000)

Inflows:

Inflows:

Inflows:

1

$6,000

$12,000

$0

2

9,000

12,000

30,000

3

3,000

10,500

30,000

4

0

10,500

15,000

5

0

0

15,000

Under the payback period and assuming these machines are mutually exclusive, which machine(s) would Dammon Corp. choose? A. Machine A B. Machine B

C. Machine C D. None of the machines will be accepted.

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