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Three mutually exclusive projects for a firm have an initial cost of $40,000 each and the cash flows shown on the table below. The company's

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Three mutually exclusive projects for a firm have an initial cost of $40,000 each and the cash flows shown on the table below. The company's required Payback Period is 3 years. Which project(s) would you select? Assume you can accept as many as qualify based on the 3 -year requirement. ' B ' and ' C ' 'C 'A', 'B', and 'C' 'B' 'A' and ' C ' ' A ' and ' B

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