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An electronics company is preparing a capital budget and considering four long-term investments. The payback period of each project is as follows: Project A:

An electronics company is preparing a capital budget and considering four long-term investments. The payback period of each project is as follows:
• Project A: 4 years
• Project B: 5.2 years
Project C: 2.4 years
• Project D: 3 years .
 
In theory, which two projects should the company pursue?
  • Projects A and C
  • Projects B and D
  • Projects C and D
  • Projects A and B

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