Question: How do you calculate the payback statistic? Compute the payback statisticfor Project A if the appropriate cost of capital is 9 percent and the maximum
How do you calculate the payback statistic?
Compute the payback statisticfor Project A if the appropriate cost of capital is 9 percent and the maximum allowable payback period is four years.(Round your answer to 2 decimal places.)
Project ATime: 0 1 2 3 4 5
Cash flow:-$2,100 $790 $810 $740 $520 $320
Should the project be accepted or rejected?
- accepted
- rejected
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