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McKernan Inc. imposes a payback cutoff of three years for its international investment projects. The company has the following two projects What is the payback

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McKernan Inc. imposes a payback cutoff of three years for its international investment projects. The company has the following two projects What is the payback period for both projects? (Round the final answers to 2 decimal places.) Which project should the company accept? Project A Project B

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