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Three investments cost $ 4 , 5 0 0 each and have the following cash flows. Rank them on the basis of their payback periods.
Three investments cost $ each and have the following cash flows. Rank them on the basis of their payback periods. Round your answers to one decimal place.
Year A B C
$ $ $
Payback for A:
years
Payback for B:
years
Payback for C:
years
Based on the payback periods,
Select
should be chosen.
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