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Consider the following two mutually exclusive projects: The required return on these investments Is 13 percent Required: (a) What is the payback period for each

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Consider the following two mutually exclusive projects: The required return on these investments Is 13 percent Required: (a) What is the payback period for each project? What is the NPV for each project? What is the IRR tor each project? What is the profitability index for each project? (Do not round intermediate calculations. Round your answers to 3 decimal places (e.g.. 32.161).) Based on your answers in (a) through (d), which project will you finally choose

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