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Coughlin Motors is considering the following independent projects. Which of the following projects should be accepted if the company requires a payback of three years
Coughlin Motors is considering the following independent projects. Which of the following projects should be accepted if the company requires a payback of three years or less? Year Project A Cash Flow Project B Cash Flow Project C Cash Flow 0 -700 -400 -300 Project B should be accepted. Both A and C should be accepted. Project C should be accepted. All projects should be accepted. Project A should be accepted
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