Question: Problem 8 - 2 1 NPV and Payback Period [ LO 1 , 4 ] Andouille Spices, Incorporated, has the following mutually exclusive projects available.
Problem NPV and Payback Period LO Andouille Spices, Incorporated, has the following mutually exclusive projects available. The company has historically used a threeyear cutoff for projects. The required return is percent. YearProject FProject G$ $ a Calculate the payback period for both projects. b Calculate the NPV for both projects. c Which project, if any, should the company accept? a Project F yearsProject G yearsb. Project F Project G c
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