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Beta Corporation is considering investing in one of two machines-Machine A or Machine B. The initial cost and net cash inflows from each project are

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Beta Corporation is considering investing in one of two machines-Machine A or Machine B. The initial cost and net cash inflows from each project are shown below. The opportunity cost for both projects is 14% per cent. Required: (a) Calculate the payback period for each project and identify the project in which the company should invest, giving ONE reason for your choice. (b) Calculate the Accounting Rate of Return on initial capital for each project. (c) Calculate the Accounting Rate of Return on average capital for each project. (d) Calculate the net present value (NPV) for each project and identify the project in which the company should invest, giving ONE reason for your choice

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