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help asap please ccounti Redwood Corporation is considering two alternative investment proposals with the following data Proposal X $880,000 10 yoars Proposal Y $466,000 10

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ccounti Redwood Corporation is considering two alternative investment proposals with the following data Proposal X $880,000 10 yoars Proposal Y $466,000 10 yoars Investment Useful life Estimated annual net cash inflows for 10 years Residual value $75,000 $130,000 $56,000 Straight-line 20% Straight- line 5% Depreciation method Required rate of return How long is the payback period for Proposal X? O A. 6.21 years xt OB. 15.71 years O C. 6.77 years OD. 11.73 years haring Library ources ady Modules tion Tools Click to select your answer 39,700

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