Discounted Payback Period: What It Is and How to Calculate It
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21. 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 2.8 years and a net present value of 6,800. Project B has an expected payback period of 3.1 years with a net present value of28,400. Which projects should be accepted based on the payback decision rule? A. Project A only. B. Project B only. C. Both A a
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