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Do you feel bored about current jobs and current life?
NEW QUESTION: 1
You are the project manager for the Late Night Smooth Jazz Club chain, with stores in 12 states. Smooth Jazz is considering opening a new club in Arizona or Nevada. You have derived the following information:
Project Arizona: The payback period is 18 months, and the NPV is <250>.
Project Nevada: The payback period is 24 months, and the NPV is 300.
Which project would you recommend to the selection committee?
A. Project Arizona because its NPV is a negative number
B. Project Nevada, because its NPV is a higher number than Project Arizona's NPV
C. Project Arizona, because the payback period is shorter than the payback period for Project Nevada
D. Project Nevada, because its NPV is a positive number
Projects with NPV greater than zero should be given an accept recommendation.
NEW QUESTION: 2