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QUESTION 2 (20) 2.1. Consider two projects whose cash inflows are not even. Assume that the project costs R190 000. The net cash inflows for

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QUESTION 2 (20) 2.1. Consider two projects whose cash inflows are not even. Assume that the project costs R190 000. The net cash inflows for each year is as follows: Year Project C Project B R30 000,00 R35 000,00 R62 000,00 R75 000,00 R100 000,00 R105 000,00 R95 000,00 R85 000,00 R50 000,00 R20 000,00 REQUIRED 2.1.1 Calculate the payback period of each project and recommend which project should be selected based on the payback period. (6)

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