Question: Please do not answer with excel. Provide formulas and procedure please 3. (5 points) Consider the following two independent investment projects: Cash flows of project
Please do not answer with excel. Provide formulas and procedure please 
3. (5 points) Consider the following two independent investment projects: Cash flows of project A : Cash flows of project B : If management only accepts projects that pay back in 3 years or less, according to the discounted payback period rule, which projects will be selected? Use a discount rate of 10%
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