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Stenson, Inc., imposes a payback cutoff of three years for its international investment projects. Assume the company has the following two projects available. What is
Stenson, Inc., imposes a payback cutoff of three years for its international investment projects. Assume the company has the following two projects available. What is the payback period for each project, and which projects should the company accept? A. Project A: 2.32 years; Project B: 3.21; Accept: Project A B. Project A: 3.43 years; Project B: 2.77; Accept: Project B C. Project A: 2.43 years; Project B: 3.89; Accept: Project B D. Project A: 3.54 years; Project B: 3.46; Accept: Project A
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