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Falcon Tire Company (FTC) has two projects with the following cash flows: The cost of capital for both projects is 7% If FTC requires a
Falcon Tire Company (FTC) has two projects with the following cash flows: The cost of capital for both projects is 7% If FTC requires a 2-year cut-off payback period for any project, what decision will the company make using the payback period rule? Reject both projects Accept A and reject B No decision can be made with the above information. Accept both projects Accept B and reject A
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