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Compute the payback statistic for Project A if the appropriate cost of capital is 8 percent and the maximum allowable payback period is four years. (Round your answer to 2 decimal places.) Project A Time:

0              1                  2                  3                        4                           5

-$2500   $950            $930            $820                 $600                     $400

Number of Payback years?

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M91944447

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