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Required: a. Calculate payback period, net present value (NPV) for each project. (12 Marks) b. Identify which project should be selected by the company

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Required: a. Calculate payback period, net present value (NPV) for each project. (12 Marks) b. Identify which project should be selected by the company and explain, with reference to the figures calculated for part (a), why that project should be selected. (8 Marks) (Total 20 Marks)

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