Question: consider the following three projects. All three have an initial investment of $1,000,000. Requirements 1. Determine the payback period of each project. Rank the projects

of $1,000,000. Requirements 1. Determine the payback period of each project. Rank

the projects from most desirable to least desirable based o 2. Are

consider the following three projects. All three have an initial investment of $1,000,000. Requirements 1. Determine the payback period of each project. Rank the projects from most desirable to least desirable based o 2. Are there other factors that should be considered in addition to the payback period

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