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Andouille Spices, Incorporated, has the following mutually exclusive projects available. The company has historically used a three - year cutoff for projects. The required return
Andouille Spices, Incorporated, has the following mutually exclusive projects available. The company has historically used a threeyear
cutoff for projects. The required return is percent.
a Calculate the payback period for both projects.
Note: Do not round intermediate calculations and round your answers to decimal places, eg
b Calculate the NPV for both projects.
Note: Do not round intermediate calculations and round your answers to decimal places, eg
c Which project, if any, should the company accept?
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