Question: question 6 Compute the payback statistic for Project A if the appropriate cost of capital is 7 percent and the maximum allowable payback period is

question 6 Compute the payback statistic for Project A if the

question 6

Compute the payback statistic for Project A if the appropriate cost of capital is 7 percent and the maximum allowable payback period is four years. (Round your answer to 2 decimal places.) Project A Cash loW2,600 $990 $960 $840 $20 $420 Peyback years Should the project be accepted or rejected? O accepted rejected

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