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| An analyst of Hermann Corporation has gathered the following data about four projects. If the projects are mutually exclusive, the company should select pbp discount pbpNPVIRR 1 2.3 1.713.213% 2 5.4 4.520.210%3 2.5 2.215.69%4 3.7 2.811.515%WACC 5%pbp-payback period A:1 B:2 C:3 |
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