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Consider the following two investments: Which project has the shortest payback period? Project X Project Y Initial investment Year 1 cash inflow $100,000 $60,000 $40,000
Consider the following two investments: Which project has the shortest payback period? Project X Project Y Initial investment Year 1 cash inflow $100,000 $60,000 $40,000 $100,000 $60,000 $35,000 $25,000 Year 2 cash inflow Year 3 cash inflow $0 O A Project x o B Project Y O C Cannot be determined
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