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Oriole incorporated management is considering investing in two alternative proctuction systems The systems are mutually exclusive. and the cost of the new equipenent and the

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Oriole incorporated management is considering investing in two alternative proctuction systems The systems are mutually exclusive. and the cost of the new equipenent and the resulting cash flows are shown in the accompanying table. The firm uses a 7 percent discount rate for their production systems. What are the payback periods for production systems 1 and 2 ? (Round answers to 2 decimal places, es. 15.25.) Payback period of System 1 is years and Payback period of Sytem 2 is years. If the systems are mutually exclusive and the firm ahwoys chooses projects with the lowest pay buck period, in which system should the firm irvest? The firmshould irvert in

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