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How long will it take for bill to recoup his initial investment in project a? b. how long will it take for bill to recoup his initial investment in project b? c. using the payback period, whi
How long will it take for bill to recoup his initial investment in project a?
b. how long will it take for bill to recoup his initial investment in project b?
c. using the payback period, which project should bill choose?
d. do you see any problems with his choice?