Question: When considering two mutually exclusive projects, an organization adopted a payback period ( PP ) decision rule to accept the shorter payback period ( PP
When considering two mutually exclusive projects, an organization adopted a payback period PP decision rule to accept the shorter payback period PP if it is years or less. If Project A has a payback of years and Project B has a payback of years, which projects would be accepted?
Accept Project A
Accept Project B
Accept neither
Accept both
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