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Problem 16: An alternative project the company considers (lets call it project Y) is a 6-year project that has NPV=$19,409.11, EAA of $5,549.26, and a
Problem 16: An alternative project the company considers (lets call it project Y) is a 6-year project that has NPV=$19,409.11, EAA of $5,549.26, and a Payback Period of 4 years. If the company is only able to carry one project at any given time (and is only able to start a new project once the current project has been completed), which project (X or Y) the company should implement and why? You must answer the why question correctly
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