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Greystone, Inc., has the following mutually exclusive projects: 1 Year ON Project A $14,200 8,800 7,400 2,100 WN - O Project B $9,600 4,300 3,800

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Greystone, Inc., has the following mutually exclusive projects: 1 Year ON Project A $14,200 8,800 7,400 2,100 WN - O Project B $9,600 4,300 3,800 6,200 75 points a. Calculate the payback period for each project. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) b. Based on the payback period, which project should the company accept? c. If the appropriate discount rate is 14 percent, what is the NPV for each project? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) d. Based on the NPV, which project should the company accept? years years a. Project A Project B b. Payback decision c. Project A Project B d. NPV decision

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