Buy Coastal, Inc., imposes a payback cutoff of three years for its international investment projects. If the

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Buy Coastal, Inc., imposes a payback cutoff of three years for its international investment projects. If the company has the following two projects available, should it accept either of them?

Year ____Cash Flow (A) __________Cash Flow (B)

0 .............. -$40,000 ..................... -$ 60,000

1 ................. 19,000 ........................ 14,000

2 ................. 25,000 ........................ 17,000

3 ................. 18,000 ........................ 24,000

4 .................. 6,000 ....................... 270,000

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Related Book For  answer-question

Fundamentals of corporate finance

ISBN: 978-0073382395

9th edition

Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan

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