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Alex has analyzed two mutually exclusive projects of similar size and has compiled the following information based on his analysis. Project A $81,406 Payback Period
Alex has analyzed two mutually exclusive projects of similar size and has compiled the following information based on his analysis. Project A $81,406 Payback Period 2.48 years Project B $82,909 3.31 years Net Present Value 10. If Alex's best friend asks him for his best recommendation given this information Which project should he recommend to accept if his friend assigns a 3-year payback period
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