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Garson Company has two investment opportunities. A cash flow schedule for the investments is provided below Year 0 1 2 3 4 Investment A $(4,400)
Garson Company has two investment opportunities. A cash flow schedule for the investments is provided below Year 0 1 2 3 4 Investment A $(4,400) 1,760 1,760 1,760 1,760 Investment B $(5,100) 2,640 1,760 1,760 880 Considering the unequal investments, which of the following techniques would be most appropriate for choosing between Investment A and Investment B? Multiple Choice Payback method Present value Index Net present value method None of these answers are correct
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