Question: Project C and Project D are mutually exclusive. Project C has an NPV = $ 6 . 3 7 6 million and a payback period

Project C and Project D are mutually exclusive. Project C has an NPV =$6.376 million and a payback period of 17 years. Project D has an NPV=$6.225 million and a payback period of 15 years. What is your capital budgeting decision?
Accept both
Accept D
Accept C
reject both since the payback period is too long
Project C and Project D are mutually exclusive.

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