Compute the payback statistic for Project B if the appropriate cost of capital is 1 1 percent
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Question:
Compute the payback statistic for Project B if the appropriate cost of capital is percent and the maximum allowable payback period is three years.
Project B
Time:
Cash flow: $ $ $ $ $ $
Should the project be accepted or rejected?
Note: If the project never pays back, then enter a zero
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