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Business, 17.04.2020 22:22 Jcmandique4062

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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