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Arbitrary Inchas a required payback period of four years for all of its projects. Currently, the firm is analyzing two independent projects. Project A has
Arbitrary Inchas a required payback period of four years for all of its projects. Currently, the firm is analyzing two independent projects. Project A has an expected payback period of 4.6 years and a net present value of $5,700. Project B has an expected payback period of 5.7 years with a net present value of $50,800. We should accept which project based on the payback decision rule
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