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Compute the Payback statistic for Project X and recommend whether the firm should accept or reject the project with the cash flows shown below if

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Compute the Payback statistic for Project X and recommend whether the firm should accept or reject the project with the cash flows shown below if the appropriate cost of capital is 8 percent and the maximum allowable payback is 4 years. Mulviple Choice 336 years, Reject 236 years, Reject 236 years. Accept

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