Question: show all the work and crcle the answer 12. (8 points) J Bayer Company is analyzing three proposed investment projects. The firm has resources to

show all the work and crcle the answer

12. (8 points) J Bayer Company is analyzing three proposed investment projects. The firm has resources to invest in only one project. a. Calculate the payback period for each project proposal (round answers to two decimal places). b. Based solely (only) on the calculated payback periods for each proposal above, which project and why, is management likely to prefer for investment

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