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 "0" (zero).) il nila Project B Time: Cash flow: $11,900 $3,440 ,360 $1,700 4 $0 $1,180 Payback years Should the project be accepted or rejected? accepted rejected

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