Question: D. 9.35 percent Compute the payback statistic for Project X and recommend whether the firm should accept or reject the 11. project with the cash

 D. 9.35 percent Compute the payback statistic for Project X and

D. 9.35 percent Compute the payback statistic for Project X and recommend whether the firm should accept or reject the 11. project with the cash flows shown as follows if the appropriate cost of capital is 10 percent and the Ch 13 maximum allowable payback is five years. 0 Time: Cash flow: 75 -750 100 75 50 A. 3.67 years, accept B. 4.67 years, accept C. 3.67 years, reject D. 4.67 years, reject Pag Ver E Rev. May 2019

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