Suppose that you are comparing two projects, one with a payback period of three years, and one with a payback period of five years. Which project would you choose and why?

Group of answer choices

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There is not enough information to answer this question

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The one with the 3-year payback, because you want to choose the project with the shortest payback period

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The one with the five-year payback because you want the project that earns the most

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None of the answers is correct