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Business, 06.11.2019 20:31 Andresssophie7379

Samuelson electronics has a required payback period of three years for all of its projects. currently, the firm is analyzing two independent projects. project a has an expected payback period of 2.9 years and a net present value of $4,200. project b has an expected payback period of 3.1 years with a net present value of $26,400. which project(s) should be accepted based on the payback decision rule?

a.) project a only

b.) project b only

c.) both a and b

d.) neither a nor b

e.) either, but not both projects

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