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You are evaluating two investment projects, Project A and Project B. Project A has an initial investment of $20,000 and is expected to generate annual
You are evaluating two investment projects, Project A and Project B. Project A has an initial investment of $20,000 and is expected to generate annual cash flows of $5,000. Project B has an initial investment of $25,000 and is expected to generate annual cash flows of $7,000. Which project has a shorter payback period? Project A Project B Both projects have the same payback period Payback period cann
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