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P9-17 Comparing Investment Criteria (LO1, 2, 3, 5, 7] Consider the following two mutually exclusive projects: Year O-NM Cash Flow (A) -$313,058 29,800 59,000 58,000

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P9-17 Comparing Investment Criteria (LO1, 2, 3, 5, 7] Consider the following two mutually exclusive projects: Year O-NM Cash Flow (A) -$313,058 29,800 59,000 58,000 425,000 Cash Flow (B) -$15,540 5,197 8,698 13,394 8,632 Whichever project you choose, if any, you require a 6 percent return on your investment. a. What is the payback period for Project A? CA b. What is the payback period for Project B? DI c. What is the discounted payback period for Project A

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