Question: Compute the payback statistic for Project B if the maximum allowable payback period is three years. Year 0 1 2 3 4 5 Cash flow

 Compute the payback statistic for Project B if the maximum allowable

Compute the payback statistic for Project B if the maximum allowable payback period is three years. Year 0 1 2 3 4 5 Cash flow - 1,000 350 480 520 300 100 O 2.33 years O 3.33 years 04.00 years O 3.50 years

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