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You have been presented with two proposals to purchase mutually exclusive machinery for one of your company's distribution facilities. Your job is to determine which

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You have been presented with two proposals to purchase mutually exclusive machinery for one of your company's distribution facilities. Your job is to determine which investment provides the superior returns based on the cash flow forecasts below. End of Year Flow (thousands) 3 Investment A (20) 8 7 7 Investment B (50) 12 25 25 What is the payback (to the nearest tenth of a year) for investment A? Submit

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