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Samuelson electronics has a required payback period of three years for all of its projects. "project A has an expected payback period of 2.8 years...

Samuelson electronics has a required payback period of three years for all of its 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 of $28,400. Which project should be accepted based on payback decision rule"

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