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Excercise 17 A company considers the following two mutually exclusive projects: The appropriate discount rate is $12 Work to do: 1) Which project should be

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Excercise 17 A company considers the following two mutually exclusive projects: The appropriate discount rate is $12 Work to do: 1) Which project should be accepted under the discounted payback period criterion? The maximum acceptable payback period for this type of project is 4 years

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