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Problem 13-6 Payback (LG13-2) Compute the payback statistic for Project A if the appropriate cost...

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Problem 13-6 Payback (LG13-2) 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 3 4 5 2 $630 Cash flow: -$1,500 $550 $620 $400 $200 Payback years Should the project be accepted or rejected? accepted O rejected

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