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Compute the payback period for Project X and recommend whether the firm should accept or reject the project with the cash flows shown as follows

Compute the payback period for Project X and recommend whether the firm should accept or reject the project with the cash flows shown as follows if the maximum allowable payback is five years Time 12345 Cash Flow -751001007550 Need MS Excel Spreadsheet ? Download Click to open: 4.23 years reject 2.65 years , accept 2 years, accept 3.69 years reject

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