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Assume a $50,000 investment and the following cash flows for two alternatives Year 1 2 3 4 5 Investment A $10, eee 11, eee 13,

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Assume a $50,000 investment and the following cash flows for two alternatives Year 1 2 3 4 5 Investment A $10, eee 11, eee 13, eee 16,eee 30, eee Investment B $20,000 25,000 15,000 Calculate the payback period for investment A and Investment B. (Do not round intermediate calculations. Round the final answers to 2 decimal places.) Investment A Investment B Payback period years years Which of the alternatives would you select under the payback method? Investment A Investment B we MAN

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