Question: Compute the payback statistic for Project B if the appropriate cost of capital is 13 percent and the maximum allowable payback period Is three years,
Compute the payback statistic for Project B if the appropriate cost of capital is 13 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: 2 3 $4,400 $1,740 4 se 5 $1,220 $3,460 -$12, 100 Payback years Should the project be accepted or rejected? O accepted rejected
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