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Calculate the Payback, ARR, NPV for each of the following projects. Given what you know about the advantages of each technique, which project would you

Calculate the Payback, ARR, NPV for each of the following projects. Given what you know about
the advantages of each technique, which project would you choose if only one could be chosen? If
multiple projects could be undertaken, how many would you accept? Assume that the cost of capital
is 6% for each project.
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