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Consider the following two mutually exclusive projects: Whichever project you choose, if any, you require a 15 percent return on your investment. What is the

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Consider the following two mutually exclusive projects: Whichever project you choose, if any, you require a 15 percent return on your investment. What is the payback period for each project? If you apply the payback criterion, which investment will you choose? Project A Project B What is the discounted payback period for each project

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