Question: Explain your choice between the Net Present Value and the Payback period with specific reference to an advantage and a limitation of the NPV and

Explain your choice between the Net Present Value and the Payback period with specific reference to an advantage and a limitation of the NPV and only the limitation of the Payback Period. Also indicate which project would be chosen in terms of the NPV and which project would be preferred in terms of the Payback Period.

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