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(Payback and discounted payback period calculations) The Bar-None Manulacturing Co. manufactures fence panels used in cattie feedtots throughout the Midwest the firm's initial investment. The

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(Payback and discounted payback period calculations) The Bar-None Manulacturing Co. manufactures fence panels used in cattie feedtots throughout the Midwest the firm's initial investment. The cash flows for the three projects (Project A Project B, and Project C) are as follows a. Given Bar-None's three year payback period, which of the projects witt quaty for acceptance? b. Rank the three projects using their payback period. Which project looks the best using this criterion? Do you agree with this ranking? Why or why not? c. If Bat-None uses a discount rate of 10.2 percent to analyze profocts, what is the discounted payback period for each of the three profects? if the firm isil maintains its threeyear payback policy for the discounted payback, which projocts should the frm undertake? Data table

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