Question: Two projects are being considered by Fox Promotions. Project A has a payback period of 3 years and Project B has a payback period

Two projects are being considered by Fox Promotions. Project A has a

Two projects are being considered by Fox Promotions. Project A has a payback period of 3 years and Project B has a payback period of 4 years. Therefore, in ranking the two projects, Project B is more desirable than project A based on the payback method. a) True b) False

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