Question: Compute the payback statistic for Project B if the appropriate cost of capital is 12 percent and the maximum ailowable 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 ailowable payback period Is three years. (If the project never pays back, then enter a "0" (zero).) Projects Time: 2 -3 4 Cashflow: -$11,300 $3,380 $4,240 $1,588 50 $1,060 Payback year Should the project be accepted or rejected? accepted rejected

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