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Howard Compony is considering two aiternative investments. The payback period is 5.5 years for investment A and 5 years for investment 8 . a. If

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Howard Compony is considering two aiternative investments. The payback period is 5.5 years for investment A and 5 years for investment 8 . a. If management uses payback period, which investment is preferred? Investment B investment A b. Will an investment with a shorter payback period always be chosen over an investment with a longer payback period? Yes No

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