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Kara, Incorporated, imposes a payback cutoff of three years for its international investment projects. Assume the company has the following two projects available. Year Cash

Kara, Incorporated, imposes a payback cutoff of three years for its international investment projects. Assume the company has the following two projects available. Year Cash Flow (A) Cash Flow (B) 0 $ 55,000 $ 100,000 1 22,000 24,000 2 29,000 29,000 3 24,000 30,000 4 10,000 240,000 What is the payback period for each project? Which, if either, of the projects should the company accept

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