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Please answer full question. Two mutually exclusive projects are under consideration with the details shown. The company's required rate of return for projects of this
Please answer full question.
Two mutually exclusive projects are under consideration with the details shown. The company's required rate of return for projects of this risk level is 13%. using this information, answer the questions below: A) Calculate the payback period for each project. Round to two decimals. Project A Project B B) Based on the result of the payback calculation, which project would you recommend? Answer with the letter A or B only. C) Calculate the Net Present Value for each project. Round to no decimals and do not enter dollar signs or commas. Project A Project B D) Based on the result of the net present value calculation, which project would you recommend? Answer with the letter A or B only. E) Calculate the Profitability Index for each project. Round to two decimals. Project A Project B F) Based on the result of the profitability index calculation, which project would you recommend? Answer with the letter A or B onlyStep by Step Solution
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