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Exercise 24-16 (Algo) Investment decisions; no calculations LO P1, P3, P4 Lopez Company is considering three alternative investment projects below: Which project is preferred if

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Exercise 24-16 (Algo) Investment decisions; no calculations LO P1, P3, P4 Lopez Company is considering three alternative investment projects below: Which project is preferred if management makes its decision based on (a) payback period, (b) net present value, and (C) internal rate of retum

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