Question: Problem 13-5 Payback (LG13-2) Compute the payback statistic for Project B if the appropriate cost of capital is 12 percent and the maximum allowable payback
Problem 13-5 Payback (LG13-2) 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 "0" (zero).) Project Timer Cash flow: D 3 -$12,400 $3,490 $4,460 $1,800 4 $0 5 $1,280 Payback years Should the project be accepted or rejected? O accepted Orejected
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