Decision to choose prject given with initial investment


Let the three-year projects A and B each with same initial investment of $1000. You are given with the measures for the projects which are given below:

Project A: NPV $400; Payback 24 months

Project B: NPV $545; Payback 26 months

Which project would you select and why?

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Project Management: Decision to choose prject given with initial investment
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