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MCS,MBA(IT), Pursuing PHD
Devry University
Sep-2004 - Aug-2010
Assistant Financial Analyst
NatSteel Holdings Pte Ltd
Aug-2007 - Jul-2017
Compute the Payback statistic for Project A and recommend whether the firm should accept or reject the project with the cash flows shown below if the appropriate cost of capital is 8 percent and the maximum allowable payback is 4 years.
Project A
|
Time |
0 |
1 |
2 |
3 |
4 |
5 |
|
Cash Flow |
-$1,000 |
$350 |
$480 |
$520 |
$300 |
$100 |
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