Question: Compute the Payback statistic for Project A given the following cash flows and decide whethe reject the project with the cash flows shown below
Compute the Payback statistic for Project A given the following cash flows and decide whethe reject the project with the cash flows shown below where the cost of capital is 12% and the m payback is 3 years. Time 0 1 2 3 4 5 Cash Flow ($92,000) $42,999 $45,668 $38,554 $36,778 $47,000
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