Question: Consider two projects whose annual net cash flows are not even. Assume that each project costs R 2 0 0 0 0 0 . The

Consider two projects whose annual net cash flows are not even. Assume that each project costs
R200000. The net cash flows for each year are as follows:
Calculate the Pay Back Period (PBP) of each project and recommend the project that should be selected based on the
payback method.
 Consider two projects whose annual net cash flows are not even.

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