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Compute the payback statistic for Project B if the appropriate cost of capital is 13 percent and the maximum allowable payback period is three years. (Round your answer to 2 decimal places. If the project never pays back, then enter a "0" (zero).) Project B Time: 0 1 2 3 4 5 Cash flow –$11,800 $3,430 $4,340 $1,680 $0 $1,160 Payback years Should the project be accepted or rejected.

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Financial Management, Finance

Category:- Financial Management
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