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You have two mutually exclusive projects: Irrespective of the project, the discount rate is 10 percent. Calculate the payback and discounted payback periods for the

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You have two mutually exclusive projects: Irrespective of the project, the discount rate is 10 percent. Calculate the payback and discounted payback periods for the projects. Which one will you consider? (Round answers to 2 decimal places, e.g. 25.25.)

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