Question: Compute the payback statistic for Project B if the appropriate cost of capital is 11 percent and the maximum allowable payback period is three years.
Compute the payback statistic for Project B if the appropriate cost of capital is 11 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: -$12,300 $3,480 $4,440 51,780 $0 $1,260 Payback years Should the project be accepted or rejected Oaccepted Orejected
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