Compute the payback statistic for project a if the, Financial Management

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Compute the payback statistic for project a if the

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

Cash flow –$1,300 $470 $570 $580 $360 $16

Payback years

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Financial Management: Compute the payback statistic for project a if the

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