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(Payback and discounted payback period caleulations) The Bar-None Manufacturing Co. manufactures fence panels used h catte foed lots frroughout the Midwest. Bar-None's management is conaldering

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(Payback and discounted payback period caleulations) The Bar-None Manufacturing Co. manufactures fence panels used h catte foed lots frroughout the Midwest. Bar-None's management is conaldering three investment projecta for next year but doesni want to make any investment that requires more than three years to pecover the fimis initiat inventment. The cath fiows for the three projects (Project A. Projoct B, and Project C) are as follows: 2. Civen Bar-None's throe-year payback penod, which of the projects will qualify for acceptance? b. Rank the three projects using ther payback period. Which project locks the best ising this criterion? Do you agree wet this ranking? Why or why not? c. If Bar- None uses a decount rate of 9.8 percent to analyze projects. What is the discounted paybeck periad for each of the three projects? if the fim stal maintains iss three-year payback policy for the discounted paytadi, which propicats should the firm undertake? 2. Given the cavh flow information in the tabie, the payback period of Project A is years. (Round to tho decind places) Data table

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