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Chapter 12 Assume a $52.000 investment and the following cash flows for two alternatives. Year Investment X Investment Y $12,000 $20,000 18,000 25,000 15,000 17,000

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Chapter 12 Assume a $52.000 investment and the following cash flows for two alternatives. Year Investment X Investment Y $12,000 $20,000 18,000 25,000 15,000 17,000 10,000 15,800 6. Calculate the payback for investment X and Y. (Do not round intermediate calculations. Round your ahswers to 2 decimal places. vestment Women Y b. Which alternative would you select under the payback metho O Investment Olivestment

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