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P10-3 (similar to) i Question Help u Choosing between two projects with acceptable payback periods Shell Camping Gear, Inc., is considering two mutually exclusive projects.

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P10-3 (similar to) i Question Help u Choosing between two projects with acceptable payback periods Shell Camping Gear, Inc., is considering two mutually exclusive projects. Each requires an initial investment of $180,000. John Shell, president of the company, has set a maximum payback period of 4 years. The after-tax cash inflows associated with each nts project are shown in the following table: BE elp NO a. Determine the payback period of each project. b. Because they are mutually exclusive, Shell must choose one. Which should the company invest in? iz/ a. The payback period of project A is | years. (Round to two decimal places.)

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