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Compute the payback statistic for Project A if the appropriate cost of capital is 9 percent and the maximum allowable payback period is four years.
Compute the payback statistic for 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.) Ti cash flow: $3,000 $1,150 $1,050 5920 5700 Payback yours Should the project be accepted or rejected? accepted rejected
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