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Buy Coastal, Inc., imposes a payback cutoff of three years for its international investment projects. YearCash Flow (A)Cash Flow (B)0-$51,000-$61,000118,50010,500219,00013,500316,50017,00043,500221,000 What is the payback period
Buy Coastal, Inc., imposes a payback cutoff of three years for its international investment projects.
YearCash Flow (A)Cash Flow (B)0-$51,000-$61,000118,50010,500219,00013,500316,50017,00043,500221,000
What is the payback period for both projects?
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