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You found the following two mutually exclusive investments. You require a 20% ROI, a payback period of 7 years, and discounted payback period of 10
You found the following two mutually exclusive investments. You require a 20% ROI, a payback period of 7 years, and discounted payback period of 10 years. Investment A Investment B Investment Cost $50,000 $77,000 INPV $12,750 $11,900 IRR 23.00% 28.00% 6 years 7 years Payback Period Discounted Payback Period 10 years 9 years Based on IRR, which investment would you choose? Select one: a. None of the investments. b. Investment A. C. Both of the investments. d. Investment B
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