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Garrison Company has two investment opportunities. A cash flow schedule for the investments is provided below: Investment A Year Investment B $(5,000) $(9,000) $2,000 $3,000
Garrison Company has two investment opportunities. A cash flow schedule for the investments is provided below: Investment A Year Investment B $(5,000) $(9,000) $2,000 $3,000 2 $2,000 $3,000 3 $2,000 $3,000 4 $2,000 $3,000 Which of the following techniques would be most appropriate for choosing quickly between Investment A and Investment B? Select one: a. Payback method b. Present value index c. Net present value method d. None of these answers are correct
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