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 9 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 –$2,100 $790 $810 $740 $520 $320

Payback years

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