Question: If the company is using the payback period method, and it requires a payback period of three years or less, which project ( s )

If the company is using the payback period method, and it requires a payback period of three years or less, which project(s) should be selected?
Multiple Choice
Project Y.
Project x.
Both x and Y are acceptable projects.
Neither x nor Y is an acceptable project.
Project Y because it has a lower initial investment
If the company is using the payback period method, and it

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