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Siva, Inc., imposes a payback cutoff of three years for its international investment projects. The company has two international projects with the following projected cash

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Siva, Inc., imposes a payback cutoff of three years for its international investment projects. The company has two international projects with the following projected cash flows: a) What is the precise payback period (in decimal form) for these two projects? b) Using payback period rules, should it accept either of them? Create your Original Solution Below - Be sure to show all calculations and clearly indicate answers

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