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Two mutually exclusive projects are under consideration with the details shown. The company's required rate of return for projects of this risk level is 13%,

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Two mutually exclusive projects are under consideration with the details shown. The company's required rate of return for projects of this risk level is 13%, using this information, answer the questions below: Year Project A Project B 0 (390,000) (62.000) 1 54,000 29,000 2 77,000 26,000 3 69,000 23.500 444.000 18.600 A) Calculate the payback period for each project. Round to two decimals. Project A Project B B) Based on the result of the payback calculation, which project would you recommend? C Calculate the discounted payback period for each project Round to two decimals. Project A Project D) Based on the result of the discounted payback calculation, which project would you recommend E) Calculate the Net Present Value for each project. Round to two decimals, no dollar signs, no commas Project A Project

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