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Three investments cost $5,000 each and have the following cash flows. Rank them on the basis of their payback periods. Round your answers to one
Three investments cost $5,000 each and have the following cash flows. Rank them on the basis of their payback periods. Round your answers to one decimal place Year AWN- $1,500 1,500 1,500 1,500 $2,600 1,900 1,100 $ 0 500 600 3,500 5,500 600 1,500 100 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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