Question: Compute the payback statistic for Project B if the approprate cost of capital is 12 percent and the maximum allowable payback period is three years:

Compute the payback statistic for Project B if the approprate cost of capital is 12 percent and the maximum allowable payback period is three years: Projecte Should the project be accepted of rejected? Note: If the project never pays back, then enter a "O" (zero)

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