Your company is considering two mutually exclusive projects, X and Y, whose costs and cash...

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Accounting

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Your company is considering two mutually exclusive projects, X and Y, whose costs and cash flows are shown below Year 0 1 2 3 4 X ($1000) 100 400 300 700 Y($1000) 1000 100 100 50 The projects are equally risky, and their cost of capital is 11 percent. Please compute discounted payback periods and give your recommendation

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