Question: Problem 1 2 - 6 ( Algo ) Payback method [ LO 1 2 - 3 ] Assume a $ 2 0 0 , 0
Problem Algo Payback method LO
Assume a $ investment and the following cash flows for two products:
a Calculate the payback for products and
Note: Do not round intermediate calculations. Round your answers to decimal places.
b Which alternative would you select under the payback method?
Product is selected
Product is selected
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