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ABC company calculated payback period for its four proposed projects. Project A is 2 years; Project B is 3 years; Project C is 4 years

ABC company calculated payback period for its four proposed projects. Project A is 2 years; Project B is 3 years; Project C is 4 years and Project D is 5 years.
Which of project is accepted based on payback rule?
a. Project D
b. Project C
C. Project B
d. Project A

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