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10 Check my work 3 Compute the payback statistic for Project B if the appropriate cost of capital is 11 percent and the maximum allowable
10 Check my work 3 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).) 3 points Proiect B Time: Cash flow12,000 $3,450$4,380 $1,720 0 $1,200 eBook Payback years Hint Should the project be accepted or rejected? Print accepted References rejected
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