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Consider the following two mutually exclusive projects: a ) If you apply the payback criterion, which investment will you choose? Why? b ) If you
Consider the following two mutually exclusive projects:
a If you apply the payback criterion, which investment will you choose? Why?
b If you apply the discounted payback criterion, which investment will you choose? Why?
c If you apply the NPV criterion, which investment will you choose? Why?
d If you apply the profitability index criterion, which investment will you choose? Why?
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