Question: Check my Compute the payback statistic for Project A if the appropriate cost of capital is 9 percent and the maximum allowable payback period is
Check my Compute the payback statistic for Project A if the appropriate cost of capital is 9 percent and the maximum allowable payback period is four years. (Round your answer to 2 decimal places.) Project A Time: Cash flow: -$1,200 1 $430 2 $540 3 $560 $340 $149 Payback years Should the project be accepted or rejected? O accepted O rejected
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