Question: 2. Compute the payback statistic for Project X and recommend whether the rm should accept or reject the project with the cash flows shown as

2. Compute the payback statistic for Project X
2. Compute the payback statistic for Project X and recommend whether the rm should accept or reject the project with the cash flows shown as follows if the appropriate cost of capital is 9 percent and the maximum allowable payback is four years. A. 3.4375 yea rs, accept B. 3.78 years, reject C. 4.4375 years, reject D. 4.73 years, accept

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