Question: 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.

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.)
Payback
years
Should the project be accepted or rejected?
accepted
rejected
Compute the payback statistic for Project A if the appropriate cost

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