Use the Table for the Question(s)below

question 6

Multiple Choice

Use the table for the question(s) below.
Consider the following two projects with cash flows in $:
-The payback period for project Alpha is closest to:

• A)3.2 years.
• B)2.9 years.
• C)3.1 years.
• D)2.6 years.

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Supremacy Clause

A clause in the U.S. Constitution declaring that federal laws are the supreme law of the land and take precedence over state laws.

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