Question: tri star inc has the following mutually exclusive projects year...
Question details
Tri Star, Inc., has
the following mutually exclusive projects:
| Year | Project A | Project B | |||||
| 0 | –$ | 13,700 | –$ | 9,100 | |||
| 1 | 8,300 | 3,800 | |||||
| 2 | 6,900 | 3,300 | |||||
| 3 | 2,100 | 5,700 | |||||
Calculate the payback period for each project.
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