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Calculate; (a) Payback Period Mr Razique Noor is a financial analysist for Delux Bernux Corporation. The CEO of company requested him to analyze two mutually

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Calculate;

(a) Payback Period

Mr Razique Noor is a financial analysist for Delux Bernux Corporation. The CEO of company requested him to analyze two mutually exclusive projects; Morita XX Project and Mindmark YY Project. The relevant cash flows for both projects are shown in the following table. The firm's cost of capital is 6 percent

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