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Consider the following cash flows of two mutually exclusive projects for AZ - Motorcars. Assume the discount rate for both projects is 1 1 percent.

Consider the following cash flows of two mutually exclusive projects for AZ-Motorcars.
Assume the discount rate for both projects is 11 percent.
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.) What is the NPV for each project? What is the IRR for each project?
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