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Tri Star inc has the following mutually exclusive projects. Calculate the payback period for each project. Based on the payback period which project should the company accept? If the appropriate discount rate is 13 percent what is the NPV for each project?

Proiect YearProject A 0$13,400-S8,800 1 2 3 8,000 6,600 2,100 3, 500 3,000 5, 400
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