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April 24, 2014

Homework Help: Accounting

Posted by Anonymous on Monday, March 8, 2010 at 11:45am.

Assume a $4000 investment and the following cash flows for two alternatives. Under the payback method, which of the following would be concluded?
a. Investment X should be selected
b. Investment Y should be selected
c. Investment X and Y provide the same payback period
d. Neither investment is acceptable under the payback method

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