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Two mutually exclusive projects, M and N, have the same payback periods but M has a higher net present value NPV. What conclusion can be

Two mutually exclusive projects, M and N, have the same payback periods but M has a higher net present value NPV. What conclusion can be drawn about the projects? Question 8Answer a. decision between projects depends on the initial investment amounts b. Project M is more financially attractive c. Both projects are equally financially attractive d. Project N is more financially attractive

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