Question: Compute the payback statistic for Project A if the appropriate cost of capital is 7 percent and the maximum allowable payback period Is four years.
Compute the payback statistic for Project A if the appropriate cost of capital is 7 percent and the maximum allowable payback period Is four years. (Round your answer to 2 decimal places.) Project Timet Cash flow : 0 -$1,100 1 $390 2 $510 3 $540 $320 5 $120 Payback years Should the project be accepted or rejected? accepted O rejected
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