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navik
7 days ago
6

Stenson, Inc., imposes a payback cutoff of three years for its international investment projects. Assume the company has the fol

lowing two projects available.
Year Cash Flow A Cash Flow B
0 –$48,000 –$ 93,000
1 18,500 20,500
2 24,800 25,500
3 20,500 33,500
4 6,500 247,000
What is the payback period for each project?
Business
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