Question: Compute the payback statistic for Project if the appropriate cost of capital is 13 percent and the maximum allowable payback period S three years. (If

 Compute the payback statistic for Project if the appropriate cost of

Compute the payback statistic for Project if the appropriate cost of capital is 13 percent and the maximum allowable payback period S three years. (If the project never pays back, then enter a "o" (zero). Project B Time: Cash flow: $11,800 $3,430 $4,340 $1,680 $0 $1,160 Payback 10,610 years Should the project be accepted or rejected? accepted rejected

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