Isaac has analyzed two mutually exclusive projects of similar size and has compiled the following information based on his analysis.Both projects have 3- year lives.
Isaac has been asked for his best recommendation given this information.His recommendation should be to accept:
A) both projects.
B) project B because it has the shortest payback period.
C) project B and reject project A based on their net present values.
D) project A and reject project B based on their average accounting returns.
E) neither project.
Correct Answer:
Verified
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