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Calculate the Payback Period of each project. Explain what arguments Tim should make to show that the Payback is not appropriate in this case. Calculate

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Calculate the Payback Period of each project. Explain what arguments Tim should make to show that the Payback is not appropriate in this case. Calculate the Discounted Payback Period (DPP) using 10% as the discount rate (required rate of return). How is the DPP an improvement over the regular Payback Period? Should Tim ask the Board to use the DPP as the deciding factor? Explain

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