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Select the best investment proposal using the payback period, the accounting rate of return on initial investment, and the net present value criteria. Assume that
Select the best investment proposal using the payback period, the accounting rate of return on initial investment, and the net present value criteria. Assume that the organization's cost of capital is 10 percent.
Note: Follow rounding instructions noted for each computation. Use a negative sign with your answers, when appropriate.
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