shayebailey shayebailey
  • 09-01-2024
  • Mathematics
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Compute the payback period statistic for Project X and recommend whether the firm should accept or reject the project with the cash flows shown in the chart if the maximum allowable payback is four year0 -$1,450
1 $250
2 $380
3 $620
4 $1,000
5 $100

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