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ABC Corporation imposes a payback cutoff of three years for its international investment projects. If the company has the following two projects available, should it
ABC Corporation imposes a payback cutoff of three years for its international investment projects. If the company has the following two projects available, should it accept either of them?
YearCash Flow (A)Cash Flow (B)
0-$40,000-$60,000
119,00014,000
225,00017,000
318,00024,000
46,000270,000
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