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plz solve this.... McKernan Inc. imposes a payback cutoff of three years for its international investment projects. The company has the following two projects Year
plz solve this....
McKernan Inc. imposes a payback cutoff of three years for its international investment projects. The company has the following two projects Year 0 1 Cash Flow (A) -$ 83,400 32,000 37,000 30,000 17,000 Cash Flow (B) --$ 97,000 24,000 27,000 35,000 239,000 2 WN B 4 What is the payback period for both projects? (Round the final answers to 2 decimal places.) Project A Project B Payback period years years Which project should the company accept? O Project A O Project BStep by Step Solution
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