Question: 1 Two alternatives are under consideration. Machine A has a pay back period of 4.3 years and machine B has a pay back period of

1 Two alternatives are under consideration. Machine A has a pay back period of 4.3 years and machine B has a pay back period of 7. l years. The cost of capital is 10%. Which machine should be purchased? o Both A and B since the payback period is less than 10 years o Machine B o cannot be determined from information given 0 None of there o Machine A

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