Compute the payback statistic for Project B if the appropriate cost of capital is 11...
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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 "0" (zero).) Project B Time: 0 1 2 3 4 5 Cash flow: $12,800 $3,530 $4,540 $1,880 $0 $1,360 Should the project be accepted or rejected?
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