Question: Question 3 5 pts (Payback) Compute the payback statistic for Project A if the appropriate cost of capital is 8 percent and the maximum allowable

 Question 3 5 pts (Payback) Compute the payback statistic for Project

Question 3 5 pts (Payback) Compute the payback statistic for Project A if the appropriate cost of capital is 8 percent and the maximum allowable payback period is four years. (Round your answer to 2 decimal places.) w Project A Time 0 1 2 3 4 5 Cash - $2,500 $950 $930 $820 $600 $400 flow

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