Question: 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.

 Compute the payback statistic for Project B if the appropriate cost

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. (If the project never pays back, then enter a "o" (zero).) Project B Time: Cash flow: -11,000 $3,350 $4,180 $1,520 $0 $1,000 2 4 Payback years Should the project be accepted or rejected? accepted rejected

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