Question: Compute the payback statistic for Project X and recommend whether the firm should accept or roject the project with the cash flows shown as follows
Compute the payback statistic for Project X and recommend whether the firm should accept or roject the project with the cash flows shown as follows if the approprlate cost of capial is 10 percent and the maximum allowoble paybock is five years. Mulible Choice 367 years, accept 4.67. years accept 357 rear, reject 467 years, ieject
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