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Using the payback method consider which of the two alternative expansion projects (A and B) would be the best investment. Each of the two projects

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Using the payback method consider which of the two alternative expansion projects (A and B) would be the best investment. Each of the two projects involved an initial outlay of 600, 000. Other details of the two alternatives are as follows: Project Net cash inflows: Year 1 Year 2 Year 3 A '000 400 200 150 B '000 200 300 530 Comment on your results

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