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Carter Company is considering three investment opportunities with the following payback periods: Project B 6.4 years Project C 3.8 years Project A 2.7 years Payback

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Carter Company is considering three investment opportunities with the following payback periods: Project B 6.4 years Project C 3.8 years Project A 2.7 years Payback period Use the decision rule for payback to rank the projects from most desirable to least desirable, all else being equal. (1 most Project Rank Project A Project B Project C

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