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A firm has identified four projects available for investment. All projects shown below require an initial investment today of $10,000. The expected cash flow stream

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A firm has identified four projects available for investment. All projects shown below require an initial investment today of $10,000. The expected cash flow stream for each of the projects is given in the following table The firm currently uses a common discount rate of 10% for al projects and the firm s required payback period is 2 years. a) Using the payback period criterion, which projects show the firm accept? b) Using the NPV criterion, which projects should be accepted? c) What is the IRR for Project C? d) Calculate the equivalent annual annuity for projects A and B. Which project should be chosen

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