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Porter Company is analyzing two potential investments. If the company is using the payback period method, and it requires a payback of three years or

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Porter Company is analyzing two potential investments. If the company is using the payback period method, and it requires a payback of three years or less, which project(s) should be selected? Project Y. Project X Both X and Y are acceptable projects. Neither X nor Y is an acceptoble project. Project Y because is has a lower initial investment

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