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Business, 24.04.2020 21:37 graciewyatt471

Kaleb Konstruction, Inc., has the following mutually exclusive projects available. The company has historically used a three-year cutoff for projects. The required return is 12 percent. Year Project F Project G 0 –$ 141,000 –$ 211,000 1 57,000 37,000 2 53,000 52,000 3 63,000 93,000 4 58,000 123,000 5 53,000 138,000 Required: (a) Calculate the payback period for both projects.

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