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Question 21 Culver Inc. has two projects as follows: Project Initial CF CF CF2 CF3CF4 -2,550 950 1,300 1,050 2,000 -3,100 850 1,600 1,150 4,000

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Question 21 Culver Inc. has two projects as follows: Project Initial CF CF CF2 CF3CF4 -2,550 950 1,300 1,050 2,000 -3,100 850 1,600 1,150 4,000 Culver set 2.6 years as a cut-off period for screening projects and the discount rate is 15 percent. Which project(s) will be selected if the company uses the discounted payback period method? (Roun and the final answers to 2 decimal places e.g. 1.25.) Project A payback period years Project B payback period years will be selected. Ques

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