Selecting project on the basis of measures

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Reference no: EM1340341

Q1) Consider the following three-year projects A and B each with the same initial investment of $1000. You are presented with the following measures for the projects:

Project A: NPV $400; Payback 24 months
Project B: NPV $545; Payback 26 months

Which project would you choose and why?

Reference no: EM1340341

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