Finance Query
Old Country Inc. imposes a payback cut-off of three years for its international investment projects. If the company has the following two independent projects available, should they accept either of them?
Year CF Project A CF Project B
0- 50000 -70000
1 30000 15000
2 21000 22000
3 10000 31000
4 5000 240000
A. Project A
B. Project A and B
C. Project B
D. Neither project A or B
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