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ezto.mheducation.com C Gradebook Question 15 - Wk 5 - Apply: Homework [due Day 7] - ly: Homework [due Day 7] i Saved Help Save &

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ezto.mheducation.com C Gradebook Question 15 - Wk 5 - Apply: Homework [due Day 7] - ly: Homework [due Day 7] i Saved Help Save & Exit Sub Compute the payback statistic for Project X and recommend whether the firm should accept or reject the project with the cash flows shown as follows if the appropriate cost of capital is 9 percent and the maximum allowable payback is four years. Time : 0 1 2 3 5 Cash flow: -1, 000 -75 100 100 0 2, 000 Multiple Choice

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