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Consider the following cash flows of two mutually exclusive projects for A-Z Motorcars. Assume the discount rate for both projects is 9 percent. AZM Year

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Consider the following cash flows of two mutually exclusive projects for A-Z Motorcars. Assume the discount rate for both projects is 9 percent. AZM Year Mini-SUV 0 $460,000 1 322,000 184,000 152,000 AZF Full-SUV -$810,000 352,000 424,000 292,000 Nm a. What is the payback period for each project? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) b. What is the NPV for each project? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) c. What is the IRR for each project? (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) years years a. AZM payback period AZF payback period b. AZM NPV AZF NPV c. AZM IRR AZF IRR % %

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