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

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 perlod is four years. Note: Round your answer to 2 decimal places

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