Question: Compute the payback statistic for Project A if the appropriate cost of capital is 8 percent and the maximum allowable payback period is four years.

Compute the payback statistic for Project A if the appropriate cost of capital is 8 percent and the maximum allowable payback period is four years. (Round your answer to 2 decimal places.) Project A Time: Cash flow: Payback 0 -$2,200 O accepted O rejected 1 $830 years 2 $840 Should the project be accepted or rejected? 3 $760 4 $540 5 $340
Compute the payback statistic for Project A if the appropriate cost

Compute the payback statistic for Project A if the appropriate cost of capital is 8 percent and the maximum allowable payback period is four years. (Round your answer to 2 decimal places.) Should the project be accepted or rejected? accepted rejected

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