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Business, 09.11.2019 05:31 tbaanga1

Stenson, inc., imposes a payback cutoff of three years for its international investment projects. assume the company has the following two projects available. year cash flow (a) cash flow (b) 0 –$ 75,000 –$ 125,000 1 33,000 29,000 2 36,000 32,000 3 19,000 35,000 4 9,000 240,000 a. what is the payback period for each project? (do not round intermediate calculations and round your answers to 2 decimal places, e. g., 32.16.) b. which, if either, of the projects should the company accept?

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