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 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: 3 -$11,600 $3,410 $4,300 $1,640 $0 $1,120 Payback years Should the project be accepted or rejected? O accepted O rejected
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