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When using each of the following tools while capital budgeting choose the CHOICE that shows which is better for each tool: CHOICE 1 CHOICE 2

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When using each of the following tools while capital budgeting choose the CHOICE that shows which is better for each tool: CHOICE 1 CHOICE 2 CHOICE 3 CHOICE 4 Payback Lower Higher Lower Higher ARR Higher Lower Higher Lower NPV Lower Lower Higher Higher O Choice 4 O Choice 3 Choice 1 Choice 2

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