Question: 3 12.5 points H Compute the payback statistic for Project B if the appropriate cost of capital is 12 percent and the maximum allowable

3 12.5 points H Compute the payback statistic for Project B if

3 12.5 points H Compute the payback statistic for Project B if the appropriate cost of capital is 12 percent and the maximum allowable payback period is three years. Project B Cash flows - 12,500 3,500 4,480 S 1,820 $0 $1,300 Should the project be accepted or rejected? Note: If the project never pays back, then enter a "0" (zero). Payback Should the project be accepted or rejected? years References Accepted: Rejected

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