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initial investment is recovered. ) a . How long will it take for Bill to recoup his initial investment in project A ? b .
initial investment is recovered.
a How long will it take for Bill to recoup his initial investment in project
b How long will it take for Bill to recoup his initial investment in project
c Using the payback period, which project should Bill choose?
d Do you see any problems with his choice?
a For Bill to recoup his initial investment in project it will take years. Round to two decimal placees.
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