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Finance
QID: #39757
Subject: Finance
Status: Verified Solution Available
b) Your friend is thinking about starting her own business in this year, and comes up with two proposals:
NPV
IRR
Payback
Cosmetics stores
$480,000
25%
2.3 years
Café
$760,000
19%
5.5 years
Based on the current economic situation and the above figures, which one would you suggest?
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