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Consider the following cash flows of two mutually exclusive projects for Tokyo Rubber Company. Assume the discount rate for both projects is 8 percent. Year
Consider the following cash flows of two mutually exclusive projects for Tokyo Rubber Company. Assume the discount rate for both projects is percent.
Year Dry Prepreg Solvent Prepreg
$ $
a What is the p ayback period for both projects? Do not round intermediate calculations and round your answers to decimal places, eg
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