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< Juniper Corporation is considering two alternative investment proposals with the following data: Investment Proposal X $800,000 Proposal Y $510,000 Useful life 9 years

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< Juniper Corporation is considering two alternative investment proposals with the following data: Investment Proposal X $800,000 Proposal Y $510,000 Useful life 9 years Estimated annual net cash inflows for 9 years Residual value $135,000 $68,000 9 years $72,000 $- Depreciation method Straight-line Straight-line Required rate of return 20% 5% How long is the payback period for Proposal X? OA. 6.52 years B. 7.08 years OC. 12.22 years OD. 12.04 years Time Remaining: 00:51:07

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