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Suppose your firm is considering two mutually exclusive, required projects with the cash flows shown below. The required rate of return on projects of both

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Suppose your firm is considering two mutually exclusive, required projects with the cash flows shown below. The required rate of return on projects of both of their risk classis 9 percent, and that the maximum allowable payback and discounted payback statistic for the projects are 2 and 3 years, respectively 0 31000 1 21.000 2 41.000 12.000 Time: Project A Cash Flow Project Cash Flow 41000 21.000 9.000 51000 Use the payback decision rule to evaluate these projects, which one(s) should be accepted or rejected? Multiple Choice 0 C) reject A, accept 0 o accept both A and B 0 C ccept nether Anor 0 ccept Art

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